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For more information on this release:
E-mail: nat_acc@cso.ie Gordon Cavanagh (+353) 1 498 4307 Andrew McManus (+353) 1 498 4368 Oisín Mangan (+353) 1 498 4089
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5775
CSO statistical release, , 11am

Quarterly National Accounts

Quarter 3 2018

GDP and GNP (seasonally adjusted) at constant 2016 prices
Q3 2018
    Amount €mQuarterly % change
GDP78,4760.9
GNP63,1405.2

Quarterly increase of 0.9 per cent in Real GDP

Figure 1 Seasonally Adjusted growth rates(% change on previous quarter)
go to full release

On a seasonally adjusted basis, initial estimates indicate that GDP in volume terms increased by 0.9 per cent for the third quarter of 2018. Real GNP increased by 5.2 per cent over the same period.

Value added increases for all Industrial and Service sectors

Value added of Industry (excluding Construction) rose by 3.5 per cent in volume terms in Q3 2018 compared with the previous quarter. Manufacturing recorded a 4.1 per cent increase with Construction activities recording a 3.5 per cent increase, (see Table 5). Financial and Insurance activities increased by 2.9 per cent over the same period while Arts and Entertainment increased by 6.1 per cent.  Professional and Admin Services recorded a moderate increase of 1.4 per cent over the period while Public Administration, Education and Health recorded an increase of 1.3 per cent quarter-on-quarter. Distribution, Transport, Hotels and Restaurants increased by 1.1 per cent in real terms in the quarter while Information & Communication increased by 0.1 per cent. Agriculture, Forestry and Fishing recorded a decline of 1.5 per cent quarter-on-quarter.

Capital Investment, Personal Consumption increase, Net Exports decline

On the expenditure side of the accounts (see Table 7), Capital formation increased by 21.8 per cent in Q3 2018 compared with Q2 2018. Personal consumption, which accounted for 49 per cent of domestic demand in Q3 2018, increased by 1.0 per cent compared with the previous quarter. The combined effect of a 1.5 per cent increase in exports with an offsetting imports increase of 7.1 per cent was that overall net exports for the quarter decreased by €3.2 bn.  Government expenditure increased by 1.8 per cent in Q3 2018 compared with Q2 2018.

Total domestic demand (see Annex 2) increased by 7.3 per cent in Q3 2018 over Q2 2018. When combined with the €3.2 bn decrease in net exports the result was an overall increase in real GDP in Q3 2018 of 0.9 per cent. Factor Income outflows (see Table 5 or 7) in Q3 2018 (€16,029m) moderately increased compared with Q2 2018, with GNP exhibiting an overall increase of 5.2 per cent in the period. Modified Domestic Demand, an indicator of domestic demand that excludes the impact of trade in aircraft by aircraft leasing companies and trade in R&D and intellectual property (see Annex 4B), decreased by 0.6 per cent in Q3 2018 over Q2 2018.

The calculation methods for quarterly accounts are similar to those used in the annual National Income and Expenditure. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates are subject to a greater margin of error than the annual figures. These preliminary estimates will therefore be revised when the next detailed annual results are published.

Comparisons with Q3 2017

Initial estimates for the third quarter of 2018 indicate that there was an increase of 4.9 per cent in GDP in real terms in Q3 2018 compared with Q3 2017. Information & communication made the most positive contribution to the Q3 result, rising by 19.5 per cent with Construction recording an increase of 16.8 per cent. Increases were also recorded in Financial and Insurance activities (5.5 per cent), Distribution, Transport, Hotels and Restaurants (5.1 per cent), Public Administration, Education and Health (3.7 per cent), Professional, Admin and Support Services (3.4 per cent) and Industry (excluding Construction) (3.2 per cent), while Arts & Entertainment increased by 4.2 per cent compared with Q3 2017. Agriculture activities showed a decline of 13.5 per cent year-on-year.

On the expenditure side (see Table 3) there was a decrease in net exports of €1,110m during the quarter.  Capital investment exhibited a year-on-year increase of 43.4 per cent while personal consumption expenditure increased by 2.9 per cent in Q3 2018 compared with Q3 2017. Modified Domestic Demand decreased by 1.5 per cent in Q3 2018 compared with Q3 2017.

Factor income outflows were €1,864m higher than in the same quarter of 2017 resulting in an increase in GNP of 3.1 per cent year-on-year.

GDPGNP
2017 Q1-4.71106812728787-10.9040166110994
2017 Q23.28149443382708-0.826929194759103
2017 Q34.5519592620596714.6775343963111
2017 Q42.387417681087580.847182516241133
2018 Q1-0.534199425303868-4.50396134136469
2018 Q22.126268455758921.29077960977469
2018 Q30.9109117627047855.17531356538721
Table 1 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2016)2€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
20121,66044,99440,7554,33726,97115,62515,51615,44516,85327,5692,826173,27315,271188,663-36,809151,780
20131,71543,55639,0464,74127,41217,21514,82615,59118,93027,8832,857175,13515,897191,186-30,821160,561
20142,16048,11043,1745,06529,12919,72016,49615,97720,98928,0372,911190,35617,476208,011-32,903175,331
20152,28887,33882,9175,40031,38022,31318,58016,02126,23428,5493,102241,38518,870260,258-60,953199,164
20162,53791,96087,4666,24332,87123,67020,14316,15228,46929,5993,570253,10120,137273,238-51,082222,156
20172,66598,90594,1497,19333,41627,45120,63616,36731,66130,2133,652272,10420,867292,971-61,027231,943
                 
2012                
Q154712,02910,8849456,5114,1263,5693,7934,2836,69970042,3564,19346,614-9,72636,855
Q278812,04611,0269736,6323,7293,5073,8264,0886,92570644,3513,02647,339-9,33337,986
Q330010,99510,0091,1396,7843,8094,0693,8714,2226,94972043,1514,65947,907-9,20038,691
Q4259,9248,8371,2807,0443,9614,3713,9564,2596,99770043,4143,39446,804-8,55138,249
2013                
Q131411,35410,2289546,4264,0453,3623,7944,6666,75871041,4714,35945,910-7,69438,250
Q262111,52710,4441,0516,6624,1973,4493,8594,6657,00772044,2553,11747,345-8,87838,463
Q352210,6459,4211,3067,0624,4983,9433,9214,7117,04070945,0964,77449,958-7,86642,152
Q425710,0308,9531,4297,2624,4764,0724,0174,8887,07871844,3143,64847,973-6,38341,696
2014                
Q142212,09710,8761,0966,9824,4123,8043,8805,0186,80471045,1654,54249,775-8,27041,553
Q280213,15312,0171,1807,0724,8993,7363,9434,9977,05873347,5893,68451,275-8,84242,478
Q356111,76310,3421,3807,4845,4374,4014,0255,2647,05673249,0934,87554,037-8,54945,546
Q437611,0979,9401,4097,5914,9714,5554,1295,7107,11973648,5094,37552,924-7,24245,754
2015                
Q148124,19823,0501,1397,6305,5814,3673,9756,3306,84975559,3624,95464,338-16,06648,216
Q275920,75319,6421,2177,4415,1344,2873,9446,4727,14374558,3244,02562,314-11,43550,912
Q360220,61119,4791,4488,2026,2724,7614,0246,8927,21677361,8585,40667,303-17,83349,389
Q444621,77720,7471,5958,1065,3265,1654,0796,5407,34182961,8414,48566,303-15,61850,646
2016                
Q159722,98421,8411,1608,2725,4484,8473,9407,4937,11186660,3655,51565,874-11,24254,644
Q288221,40220,2851,4217,8545,0364,8614,0216,9447,44087060,0024,33864,343-11,73652,610
Q363919,44318,3261,7978,5447,0465,1044,0667,3207,44889262,6985,58168,274-14,67553,577
Q441928,13127,0141,8648,2016,1405,3314,1256,7127,59994270,0354,70574,747-13,42961,324
2017                
Q162923,49822,2221,4348,2705,9974,6324,0088,0317,12289461,9815,77167,752-13,69754,055
Q290922,04620,8681,5877,8945,9364,8394,0547,8667,49291964,2784,06068,338-15,75152,587
Q369924,30023,0961,9698,6698,6545,4024,1188,0637,74888371,3455,96177,307-15,18262,125
Q442829,06027,9632,2038,5826,8635,7634,1887,7017,85195674,4995,07579,574-16,39863,177
2018                
Q158323,18221,9231,6568,4077,7075,0454,0378,0907,58389468,0535,78873,841-15,02958,811
Q282523,37822,0381,8888,4138,0765,0994,0658,0537,75885870,0184,28074,298-15,74258,556
Q360525,07223,7632,2999,10910,3455,6994,1318,3358,03591974,7196,40181,120-17,04664,074
               
Percentage change on corresponding period of previous year
2012-18.9-1.5-1.2-2.0-0.9-0.6-9.11.13.8-1.50.20.10.70.2 -0.0
20133.3-3.2-4.29.31.610.2-4.40.912.31.11.11.14.11.3 5.8
201426.010.510.66.86.314.511.32.510.90.61.98.79.98.8 9.2
20155.981.592.16.67.713.212.60.325.01.86.626.88.025.1 13.6
201610.95.35.515.64.86.18.40.88.53.715.14.96.75.0 11.5
20175.17.67.615.21.716.02.41.311.22.12.37.53.67.2 4.4
                 
2012                
Q11.04.45.0-11.8-1.96.5-4.7-0.27.0-2.7-2.70.0-1.3-0.0 -1.6
Q2-5.90.41.0-7.4-2.6-3.8-6.20.60.9-2.62.70.41.00.3 1.3
Q3-35.5-2.2-1.5-1.0-0.6-5.0-12.51.05.7-0.21.4-0.75.8-0.0 -0.7
Q4-87.6-8.9-9.911.21.2-0.1-11.63.21.6-0.4-0.30.8-3.50.5 1.0
2013                
Q1-42.6-5.6-6.01.0-1.3-2.0-5.80.08.90.91.4-2.14.0-1.5 3.8
Q2-21.1-4.3-5.38.00.512.5-1.70.914.11.21.9-0.23.00.0 1.3
Q374.0-3.2-5.914.74.118.1-3.11.311.61.3-1.54.52.54.3 8.9
Q4921.51.11.311.73.113.0-6.81.614.81.22.62.17.52.5 9.0
2014                
Q134.26.56.314.88.79.113.12.37.50.70.08.94.28.4 8.6
Q229.014.115.112.26.216.78.32.27.10.71.87.518.28.3 10.4
Q37.410.59.85.66.020.911.62.611.70.23.18.92.18.2 8.1
Q446.110.611.0-1.44.511.111.92.816.80.62.59.519.910.3 9.7
2015                
Q114.2100.0111.94.09.326.514.82.426.10.76.431.49.129.3 16.0
Q2-5.357.863.53.15.24.814.70.029.51.21.622.69.321.5 19.9
Q37.375.288.44.99.615.38.2-0.030.92.35.726.010.924.5 8.4
Q418.596.2108.713.26.87.113.4-1.214.63.112.627.52.525.3 10.7
2016                
Q123.9-5.0-5.21.98.4-2.411.0-0.918.43.814.71.711.32.4 13.3
Q216.23.13.316.75.5-1.913.41.97.34.216.82.97.83.3 3.3
Q36.2-5.7-5.924.14.212.47.21.06.23.215.31.43.21.4 8.5
Q4-6.029.230.216.91.215.33.21.12.63.513.713.34.912.7 21.1
2017                
Q15.52.21.723.6-0.010.1-4.41.77.20.13.32.74.72.9 -1.1
Q23.13.02.911.70.517.9-0.50.813.30.75.67.1-6.46.2 -0.0
Q39.425.026.09.51.522.85.81.310.24.0-1.013.86.813.2 16.0
Q42.13.33.518.24.611.88.11.514.73.31.56.47.96.5 3.0
2018                
Q1-7.3-1.3-1.315.51.728.58.90.70.76.5-0.09.80.39.0 8.8
Q2-9.36.05.618.96.636.05.40.32.43.5-6.68.95.48.7 11.4
Q3-13.53.22.916.85.119.55.50.33.43.74.24.77.44.9 3.1
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 2 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesStatistical DiscrepancyGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
20121,71640,17535,2302,69025,80615,41214,61911,63515,60427,6703,2081,467160,00215,214175,216-35,345139,871
20131,95440,19535,2403,53828,08716,80213,48412,40117,24327,9003,408-1,004164,00615,917179,922-29,285150,637
20142,41943,88239,0054,64528,99219,00015,81013,66419,96327,4753,501-1,586177,76517,528195,293-31,407163,886
20152,29794,73890,3885,35331,35022,23017,64014,72825,30328,4633,483-1,987243,59518,871262,466-62,043200,423
20162,53791,96087,4666,24332,87123,67020,14316,15228,46929,5993,570-2,114253,10120,137273,238-51,082222,156
20173,44499,52493,8636,93733,74928,45920,59317,30031,34730,7373,858-2,773273,17420,937294,110-60,961233,149
                  
2012                 
Q156810,6909,3595856,2364,0143,3692,8563,8806,727794-38439,3354,14943,483-9,40534,079
Q281310,8039,5896036,3403,7503,3172,8823,8026,95080159140,6523,02243,674-8,84034,834
Q33119,7818,6217076,4833,6583,8242,9163,8686,97281882440,1614,65744,819-8,98235,837
Q4248,9017,6617956,7473,9904,1092,9804,0547,02179643639,8543,38643,240-8,11835,122
2013                 
Q136310,4439,1497126,6143,8883,0323,0174,2306,765846-81639,0944,35443,448-7,44036,008
Q269710,6289,4087846,8304,1103,1213,0704,2577,011859-4541,3213,12844,449-8,40136,048
Q35909,7868,5459757,2234,3893,5993,1194,2747,04284631242,1564,78846,944-7,46739,477
Q43049,3388,1381,0667,4194,4153,7333,1954,4827,082856-45641,4353,64645,081-5,97739,105
2014                 
Q147111,0749,8691,0046,9334,2863,6583,3164,7646,656856-97642,0434,54046,583-7,82238,761
Q289812,07010,9071,0827,0484,7493,6063,3734,7476,918882-82544,5503,71048,260-8,39439,866
Q362810,7179,3401,2667,4615,2534,2073,4445,0026,925881-2945,7544,90650,659-8,16342,496
Q442110,0208,8881,2927,5494,7114,3393,5325,4506,97688224445,4184,37249,790-7,02842,762
2015                 
Q148126,12324,9671,1297,6345,5874,1363,6506,0656,830849-2,62959,8544,92464,779-16,32048,458
Q277422,42821,3601,2077,4335,0924,0553,6276,2537,122836-38458,4434,03862,481-11,71150,770
Q360522,27921,1951,4368,1966,2704,5303,7016,6317,19386821361,9215,43167,353-18,12749,225
Q443723,90722,8651,5828,0875,2804,9203,7506,3547,31893081263,3774,47767,854-15,88451,970
2016                 
Q159822,99221,8631,1608,2455,4224,8473,9397,4557,120865-1,80860,8365,47566,310-11,28155,030
Q288121,63420,5021,4217,8545,1114,8664,0206,9437,441872-1,36159,6824,35864,039-11,61952,420
Q363819,23418,0791,7978,5407,0065,1014,0687,2767,44089262362,6155,61268,227-14,72753,501
Q442028,10027,0231,8648,2326,1325,3294,1256,7957,59894143269,9694,69274,661-13,45661,205
2017                 
Q181123,40721,8911,3838,3416,0624,6074,2347,9837,247944-2,62762,3925,75968,151-13,95654,195
Q21,14422,07420,6781,5317,9786,0394,8174,2857,7837,62397258664,8314,08768,917-15,92652,991
Q390124,58923,1561,8998,8008,9315,3964,3548,0027,8819319171,7726,00677,778-15,13162,646
Q458729,45428,1382,1258,6307,4285,7734,4277,5807,9861,012-82374,1795,08579,264-15,94763,316
2018                 
Q193826,13124,3351,5668,7107,5955,1654,5879,0217,620984-71171,6055,79277,397-15,25462,143
Q21,40024,61422,9001,7708,3687,6985,2144,6278,8187,97599127571,7514,31576,066-15,71760,349
Q31,07024,57022,8352,1809,18510,0385,8074,7019,2198,091997-93574,9236,49881,421-17,00664,414
                
Percentage change on corresponding period of previous year
2012-17.1-0.4-1.969.42.89.9-2.99.63.3-0.6-3.4 2.42.42.4 1.8
201313.90.10.031.58.89.0-7.86.610.50.86.2 2.54.62.7 7.7
201423.89.210.731.33.213.117.310.215.8-1.52.7 8.410.18.5 8.8
2015-5.0115.9131.715.28.117.011.67.826.73.6-0.5 37.07.734.4 22.3
201610.5-2.9-3.216.64.96.514.29.712.54.02.5 3.96.74.1 10.8
201735.78.27.311.12.720.22.27.110.13.88.1 7.94.07.6 4.9
                  
2012                 
Q13.84.73.552.31.914.9-1.58.23.9-1.5-7.0 3.10.82.9 0.7
Q2-2.51.80.659.81.06.8-6.99.00.9-1.7-0.8 1.52.71.6 1.9
Q3-34.5-0.9-2.071.13.13.2-2.39.43.90.4-2.1 2.27.62.8 1.7
Q4-88.8-7.6-10.392.65.014.8-1.411.84.30.4-3.5 2.7-2.52.3 3.0
2013                 
Q1-36.1-2.3-2.221.66.1-3.1-10.05.69.00.66.6 -0.64.9-0.1 5.7
Q2-14.2-1.6-1.930.07.79.6-5.96.511.90.97.2 1.63.51.8 3.5
Q389.80.0-0.937.911.420.0-5.97.010.51.03.4 5.02.84.7 10.2
Q41161.54.96.234.210.010.6-9.27.210.60.97.6 4.07.74.3 11.3
2014                 
Q129.86.07.941.14.810.320.79.912.6-1.61.1 7.54.37.2 7.6
Q228.913.615.938.03.215.515.69.911.5-1.32.7 7.818.68.6 10.6
Q36.49.59.329.83.319.716.910.417.0-1.74.1 8.52.57.9 7.6
Q438.57.39.221.21.86.716.310.521.6-1.53.0 9.619.910.4 9.4
2015                 
Q12.1135.9153.012.410.130.313.110.127.32.6-0.9 42.48.539.1 25.0
Q2-13.985.895.811.55.57.212.47.531.72.9-5.2 31.28.929.5 27.3
Q3-3.7107.9126.913.49.819.47.77.532.63.9-1.4 35.310.733.0 15.8
Q43.8138.6157.222.47.112.113.46.216.64.95.4 39.52.436.3 21.5
2016                 
Q124.2-12.0-12.42.88.0-2.917.27.922.94.21.9 1.611.22.4 13.6
Q213.9-3.5-4.017.85.70.420.010.811.04.54.3 2.17.92.5 3.3
Q35.5-13.7-14.725.24.211.712.69.99.73.42.8 1.13.31.3 8.7
Q4-3.917.518.217.91.816.18.310.06.93.81.2 10.44.810.0 17.8
2017                 
Q135.71.80.119.21.211.8-5.07.57.11.89.2 2.65.22.8 -1.5
Q229.82.00.97.71.618.2-1.06.612.12.511.4 8.6-6.27.6 1.1
Q341.227.828.15.63.027.55.87.010.05.94.3 14.67.014.0 17.1
Q439.84.84.114.04.821.18.37.311.55.17.6 6.08.46.2 3.4
2018                 
Q115.611.611.213.24.425.312.18.313.05.24.2 14.80.613.6 14.7
Q222.411.510.715.64.927.58.28.013.34.62.0 10.75.610.4 13.9
Q318.7-0.1-1.414.84.412.47.68.015.22.77.1 4.48.24.7 2.8
1See Background Notes for detailed Nace A10 sector descriptions
Table 3 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2016)1€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
201288,59525,20137,485774191,436-156,472188,663-36,809151,780
201388,07425,30436,083206197,036-158,102191,186-30,821160,561
201489,92526,45242,6943,042225,759-181,189208,011-32,903175,331
201593,17226,82964,3822,175314,439-241,286260,258-60,953199,164
201696,90827,78097,6456,437328,235-285,882273,238-51,082222,156
201798,50528,86967,4003,516353,771-259,147292,971-61,027231,943
          
2012         
Q121,5206,4269,19834245,686-38,31246,614-9,72636,855
Q221,4956,25511,553-6748,499-39,95147,339-9,33337,986
Q321,9786,3308,15656947,521-37,32647,907-9,20038,691
Q423,6026,1908,579-7149,729-40,88246,804-8,55138,249
2013         
Q121,3726,1948,82533545,646-38,18145,910-7,69438,250
Q221,2826,3478,41332050,690-40,12247,345-8,87838,463
Q321,8506,4209,14934149,942-37,99349,958-7,86642,152
Q423,5706,3439,696-78950,757-41,80747,973-6,38341,696
2014         
Q121,6186,66910,1051,11950,778-41,41149,775-8,27041,553
Q221,7536,8059,84814456,913-44,94051,275-8,84242,478
Q322,3256,56510,96452658,611-44,73754,037-8,54945,546
Q424,2286,41311,7771,25359,457-50,10152,924-7,24245,754
2015         
Q122,4956,78612,43814073,174-52,92164,338-16,06648,216
Q222,4306,72314,10954376,266-57,58262,314-11,43550,912
Q323,2336,64814,6951,18980,509-58,36367,303-17,83349,389
Q425,0146,67223,14030484,491-72,42166,303-15,61850,646
2016         
Q123,9687,01219,2631,80378,499-67,16865,874-11,24254,644
Q223,2356,90824,59856280,882-72,44264,343-11,73652,610
Q323,9076,95823,32976682,119-68,12368,274-14,67553,577
Q425,7986,90130,4553,30686,735-78,14874,747-13,42961,324
2017         
Q123,8887,24114,957-78980,828-60,90867,752-13,69754,055
Q223,4627,15122,4701,72484,479-70,21568,338-15,75152,587
Q324,6387,24112,6062,62589,151-58,11377,307-15,18262,125
Q426,5177,23617,367-4599,313-69,91279,574-16,39863,177
2018         
Q124,5047,48914,5292,57885,592-59,98373,841-15,02958,811
Q224,3447,53015,22718494,743-66,12574,298-15,74258,556
Q325,3647,68318,07723797,572-67,64581,120-17,04664,074
          
Percentage change on corresponding period of previous year 
2012-0.8-3.815.8 -0.9-0.90.2 -0.0
2013-0.60.4-3.7 2.91.01.3 5.8
20142.14.518.3 14.614.68.8 9.2
20153.61.450.8 39.333.225.1 13.6
20164.03.551.7 4.418.55.0 11.5
20171.63.9-31.0 7.8-9.47.2 4.4
          
2012         
Q1-3.0-1.419.2 -4.2-1.2-0.0 -1.6
Q2-2.2-3.924.2 -1.9-0.80.3 1.3
Q31.2-4.015.0 -0.5-1.0-0.0 -0.7
Q40.5-5.83.9 3.1-0.70.5 1.0
2013         
Q1-0.7-3.6-4.1 -0.1-0.3-1.5 3.8
Q2-1.01.5-27.2 4.50.40.0 1.3
Q3-0.61.412.2 5.11.84.3 8.9
Q4-0.12.513.0 2.12.32.5 9.0
2014         
Q11.27.714.5 11.28.58.4 8.6
Q22.27.217.1 12.312.08.3 10.4
Q32.22.319.8 17.417.78.2 8.1
Q42.81.121.5 17.119.810.3 9.7
2015         
Q14.11.723.1 44.127.829.3 16.0
Q23.1-1.243.3 34.028.121.5 19.9
Q34.11.334.0 37.430.524.5 8.4
Q43.24.096.5 42.144.525.3 10.7
2016         
Q16.53.354.9 7.326.92.4 13.3
Q23.62.774.3 6.125.83.3 3.3
Q32.94.758.8 2.016.71.4 8.5
Q43.13.431.6 2.77.912.7 21.1
2017         
Q1-0.33.3-22.4 3.0-9.32.9 -1.1
Q21.03.5-8.7 4.4-3.16.2 -0.0
Q33.14.1-46.0 8.6-14.713.2 16.0
Q42.84.8-43.0 14.5-10.56.5 3.0
2018         
Q12.63.4-2.9 5.9-1.59.0 8.8
Q23.85.3-32.2 12.1-5.88.7 11.4
Q32.96.143.4 9.416.44.9 3.1
1Chain linked series not additive
Table 4 Expenditure on Gross National Product at Current Market Prices€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesStatistical DiscrepancyGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
201284,82525,74034,4551,049183,013-152,399-1,467175,216-35,345139,871
201385,85525,46233,595219186,244-152,4561,004179,922-29,285150,637
201488,74526,19940,4163,161214,350-179,1641,586195,293-31,407163,886
201592,35826,82663,3412,274320,565-244,8861,987262,466-62,043200,423
201696,90827,78097,6456,437328,235-285,8822,114273,238-51,082222,156
201799,89729,58569,0353,532352,556-263,2682,773294,110-60,961233,149
           
2012          
Q120,4696,5648,44545743,991-36,82838443,483-9,40534,079
Q220,6236,38810,635-5445,758-39,086-59143,674-8,84034,834
Q321,1486,4667,50378146,223-36,478-82444,819-8,98235,837
Q422,5856,3237,871-13547,040-40,007-43643,240-8,11835,122
2013          
Q120,7916,2338,13632443,951-36,80281643,448-7,44036,008
Q220,7416,3877,82238047,764-38,6904544,449-8,40136,048
Q321,3756,4608,49148147,209-36,759-31246,944-7,46739,477
Q422,9496,3829,145-96647,321-40,20545645,081-5,97739,105
2014          
Q121,2126,5299,5761,17147,722-40,60397646,583-7,82238,761
Q221,5046,6879,27812853,683-43,84682548,260-8,39439,866
Q322,1116,57410,24456655,610-44,4742950,659-8,16342,496
Q423,9186,40911,3181,29657,334-50,241-24449,790-7,02842,762
2015          
Q122,1386,82312,03116174,441-53,4452,62964,779-16,32048,458
Q222,2356,72013,67459878,174-59,30438462,481-11,71150,770
Q323,1596,66014,2141,20881,927-59,603-21367,353-18,12749,225
Q424,8266,62323,42130786,023-72,534-81267,854-15,88451,970
2016          
Q123,7997,01819,1721,78778,730-66,0041,80866,310-11,28155,030
Q223,3086,91424,40849280,086-72,5311,36164,039-11,61952,420
Q324,0386,94223,12772282,459-68,438-62368,227-14,72753,501
Q425,7636,90530,9383,43686,960-78,909-43274,661-13,45661,205
2017          
Q124,0387,43215,191-81382,197-62,5212,62768,151-13,95654,195
Q223,8587,33722,6241,78185,270-71,367-58668,917-15,92652,991
Q325,0677,40013,0932,71388,689-59,094-9177,778-15,13162,646
Q426,9337,41618,127-14996,399-70,28682379,264-15,94763,316
2018          
Q124,9737,79415,3972,69386,690-60,86271177,397-15,25462,143
Q225,1207,82016,25014494,402-67,395-27576,066-15,71760,349
Q326,2237,93419,3192197,167-70,17893581,421-17,00664,414
           
Percentage change on corresponding period of previous year
20120.7-2.419.5 3.25.0 2.4 1.8
20131.2-1.1-2.5 1.80.0 2.7 7.7
20143.42.920.3 15.117.5 8.5 8.8
20154.12.456.7 49.636.7 34.4 22.3
20164.93.654.2 2.416.7 4.1 10.8
20173.16.5-29.3 7.4-7.9 7.6 4.9
           
2012          
Q1-1.20.023.7 1.43.2 2.9 0.7
Q2-0.4-2.528.2 2.36.3 1.6 1.9
Q33.1-2.618.6 4.35.3 2.8 1.7
Q41.4-4.46.7 4.95.1 2.3 3.0
2013          
Q11.6-5.0-3.7 -0.1-0.1 -0.1 5.7
Q20.6-0.0-26.4 4.4-1.0 1.8 3.5
Q31.1-0.113.2 2.10.8 4.7 10.2
Q41.60.916.2 0.60.5 4.3 11.3
2014          
Q12.04.817.7 8.610.3 7.2 7.6
Q23.74.718.6 12.413.3 8.6 10.6
Q33.41.820.6 17.821.0 7.9 7.6
Q44.20.423.8 21.225.0 10.4 9.4
2015          
Q14.44.525.6 56.031.6 39.1 25.0
Q23.40.547.4 45.635.3 29.5 27.3
Q34.71.338.8 47.334.0 33.0 15.8
Q43.83.3106.9 50.044.4 36.3 21.5
2016          
Q17.52.959.3 5.823.5 2.4 13.6
Q24.82.978.5 2.422.3 2.5 3.3
Q33.84.262.7 0.614.8 1.3 8.7
Q43.84.332.1 1.18.8 10.0 17.8
2017          
Q11.05.9-20.8 4.4-5.3 2.8 -1.5
Q22.46.1-7.3 6.5-1.6 7.6 1.1
Q34.36.6-43.4 7.6-13.7 14.0 17.1
Q44.57.4-41.4 10.9-10.9 6.2 3.4
2018          
Q13.94.91.4 5.5-2.7 13.6 14.7
Q25.36.6-28.2 10.7-5.6 10.4 13.9
Q34.67.247.6 9.618.8 4.7 2.8
Table 5 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2016)2 - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Constant Basic PricesTaxes less Subsidies on ProductsGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2012                
Q152011,46710,3731,0396,6524,1383,6903,8574,1956,83969943,0323,81447,050-9,41837,464
Q246111,40810,3361,0516,7153,8453,7373,8554,1296,87670343,5443,77247,348-8,77238,461
Q334710,9039,9291,0906,7473,6743,9143,8544,2926,85871942,9663,90846,949-9,10837,788
Q430810,7989,6941,1316,8283,9724,1333,8794,2566,91570443,5813,75747,172-9,45938,159
2013                
Q130710,7489,6691,0896,6284,0603,4783,8574,5496,95970942,1613,96046,410-7,46438,724
Q232211,0399,9041,1436,7874,3753,6893,8884,7196,95971943,8553,83347,677-8,40338,986
Q355111,1349,9321,2136,9294,2583,7963,9054,7557,00571044,5934,06048,716-7,58941,175
Q450910,7189,6071,2497,0774,5153,8343,9394,9346,99171944,3674,00148,238-7,26441,788
2014                
Q143811,39110,2261,2717,1394,4483,9473,9454,8757,01070945,8054,15450,209-8,20741,799
Q252812,85011,6431,2867,2715,1823,9903,9745,0577,01673447,7534,42152,177-8,43843,001
Q357312,39711,0091,2737,2915,0144,2484,0095,2757,01573648,3334,24052,529-8,03444,743
Q460211,49810,3031,2267,4585,0584,2764,0465,8197,02473048,1864,73152,842-8,12845,922
2015                
Q151422,81821,6931,3367,7205,6674,5474,0426,1367,06475560,1144,53564,815-16,14548,171
Q250720,74519,5191,3297,7305,5124,5583,9756,5507,11074959,4304,78664,272-11,13151,540
Q359821,91120,9401,3297,9345,6224,6114,0076,8657,16777960,6704,77465,216-17,08948,874
Q465921,72220,6381,3798,0005,4774,8383,9976,7137,23581560,6094,80165,413-16,47750,581
2016                
Q163621,85920,7531,3568,2265,5735,0644,0077,2647,27586761,4785,02166,683-11,48754,501
Q264221,96320,7631,5548,2015,4685,1494,0547,0157,41787961,7355,20066,997-11,48053,419
Q362620,74719,7621,6408,2276,1704,9524,0477,2617,39090061,5254,94966,105-13,78053,180
Q463225,83224,5781,6408,1646,3794,9844,0456,9287,42492067,4595,00072,668-14,26060,735
2017                
Q166723,64622,4111,6878,2896,1714,8584,0757,7847,40589663,8145,21369,245-14,01954,112
Q267623,04021,8121,7398,2446,4935,1114,0887,9397,49093466,5194,98671,517-15,58353,665
Q368124,81423,6971,8358,4097,4655,2464,0967,9727,60889069,9465,24074,772-14,19061,542
Q464325,98924,7571,9258,5137,1675,3764,1097,9837,67492970,8905,37176,557-17,15862,063
2018                
Q161823,56622,3301,9688,4887,9795,3114,1047,8427,87289770,8035,22476,148-15,45059,268
Q259424,73923,3762,0688,7498,8485,3774,0988,1157,77587472,4715,33977,768-15,58360,033
Q358425,59324,3452,1418,8448,8615,5344,1098,2327,87992773,3015,58578,476-16,02963,140
                 
Percentage change on previous quarter
2012                
Q10.90.70.5-1.9-2.14.6-21.42.60.9-0.7-1.4-0.7-1.8-0.1 -0.4
Q2-11.4-0.5-0.41.10.9-7.11.2-0.1-1.60.60.51.2-1.10.6 2.7
Q3-24.6-4.4-3.93.70.5-4.54.8-0.04.0-0.32.3-1.33.6-0.8 -1.8
Q4-11.3-1.0-2.43.81.28.15.60.7-0.80.8-2.11.4-3.90.5 1.0
2013                
Q1-0.2-0.5-0.3-3.7-2.92.2-15.9-0.66.90.60.7-3.35.4-1.6 1.5
Q24.72.72.44.92.47.86.10.83.7-0.01.44.0-3.22.7 0.7
Q371.40.90.36.12.1-2.72.90.50.80.7-1.21.75.92.2 5.6
Q4-7.8-3.7-3.33.02.16.01.00.83.8-0.21.2-0.5-1.5-1.0 1.5
2014                
Q1-13.96.36.41.80.9-1.53.00.2-1.20.3-1.33.23.84.1 0.0
Q220.512.813.91.21.816.51.10.73.70.13.54.36.43.9 2.9
Q38.5-3.5-5.4-1.00.3-3.36.50.94.3-0.00.31.2-4.10.7 4.1
Q45.1-7.3-6.4-3.72.30.90.70.910.30.1-0.9-0.311.60.6 2.6
2015                
Q1-14.798.5110.69.03.512.06.3-0.15.50.63.524.8-4.122.7 4.9
Q2-1.3-9.1-10.0-0.50.1-2.70.2-1.76.70.6-0.8-1.15.5-0.8 7.0
Q318.05.67.3-0.02.62.01.20.84.80.84.12.1-0.31.5 -5.2
Q410.2-0.9-1.43.80.8-2.64.9-0.2-2.20.94.6-0.10.60.3 3.5
2016                
Q1-3.50.60.6-1.62.81.84.70.28.20.66.31.44.61.9 7.8
Q20.80.50.014.5-0.3-1.91.71.2-3.41.91.50.43.60.5 -2.0
Q3-2.4-5.5-4.85.60.312.8-3.8-0.23.5-0.42.4-0.3-4.8-1.3 -0.4
Q40.824.524.4-0.0-0.83.40.6-0.0-4.60.52.29.61.09.9 14.2
2017                
Q15.6-8.5-8.82.91.5-3.3-2.50.712.4-0.3-2.6-5.44.2-4.7 -10.9
Q21.3-2.6-2.73.1-0.55.25.20.32.01.14.24.2-4.43.3 -0.8
Q30.77.78.65.62.015.02.60.20.41.6-4.65.25.14.6 14.7
Q4-5.54.74.54.91.2-4.02.50.30.10.94.41.42.52.4 0.8
2018                
Q1-3.9-9.3-9.82.3-0.311.3-1.2-0.1-1.82.6-3.5-0.1-2.7-0.5 -4.5
Q2-4.05.04.75.13.110.91.2-0.13.5-1.2-2.62.42.22.1 1.3
Q3-1.53.54.13.51.10.12.90.31.41.36.11.14.60.9 5.2
1See Background Notes for detailed Nace A10 sector descriptions
2Chain linked series not additive
Table 6 Gross Domestic Product by Nace Rev. 2 A10 Sector1 of Origin and Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodAgriculture Forestry and FishingIndustry (excl. Construction)of which ManufacturingConstructionDistribution, Transport, Hotels and RestaurantsInformation and CommunicationFinancial and Insurance ActivitiesReal Estate ActivitiesProfessional, Admin and Support ServicesPublic Admin, Education and HealthArts, Entertainment and Other ServicesGVA at Current Basic PricesTaxes less Subsidies on ProductsGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2012                
Q152710,1328,8796496,3404,0543,4342,8273,8346,84779939,8713,78043,683-9,11134,504
Q250910,2599,0176506,4013,8273,4652,8813,8316,89580940,1153,75843,825-8,38435,360
Q337910,1258,9406746,4383,5213,6672,9333,9326,89681439,8923,90243,876-8,81535,051
Q42939,5658,2927156,6194,0253,9572,9934,0346,94178540,0383,75343,744-8,98735,030
2013                
Q13679,9068,6927956,7073,9343,1032,9904,1456,95886539,5943,96643,641-7,21936,155
Q240810,1928,9408456,9494,2273,2833,0684,2896,96285641,0893,83544,858-8,01636,784
Q359710,1368,8759107,1274,1543,5183,1364,3287,01084441,7624,06445,895-7,13838,660
Q45439,8598,6269607,3024,4723,5793,2094,5176,99884241,3844,00545,335-6,82839,070
2014                
Q150710,5149,3911,1216,9864,3613,7513,2854,6356,85286242,5454,16946,824-7,74039,196
Q261911,78210,5681,1707,2464,9633,8053,3734,7816,87589244,7604,43649,069-8,07340,245
Q362311,1479,7451,1797,3014,8394,1093,4595,0336,88688245,2194,25649,473-7,62441,779
Q464310,2509,0961,1537,4704,7994,1513,5505,5786,89786445,0114,73749,691-7,89942,676
2015                
Q153224,95423,9171,2767,6375,7284,2483,6165,8487,02885460,5374,53065,176-16,34348,411
Q250522,38521,2211,3137,7205,4314,2763,6266,3007,08284759,3224,78264,024-11,48651,743
Q358623,28222,2181,3317,9575,6104,4323,7146,6327,14987261,1334,77965,741-17,38548,617
Q465923,58122,4711,3858,0445,4054,6943,7756,5937,23490862,2894,80367,182-16,73851,698
2016                
Q164122,12621,1211,3228,2065,6094,9653,9017,1477,26488061,5205,01366,804-11,43554,680
Q260622,14220,9551,5588,2085,5435,1214,0176,9847,40087461,1095,20266,056-11,44853,670
Q360920,17719,0131,6548,2546,1225,0024,0827,2447,39489861,8024,95166,587-13,84053,031
Q470326,73825,5341,6398,2076,3024,9694,1527,1337,45591768,2655,01173,430-14,30260,690
2017                
Q182822,80921,4391,6108,2896,3124,8504,1977,6167,51094563,1575,22668,761-14,16854,396
Q285922,99921,5831,6868,3526,6225,0604,2817,8207,59099066,7024,99771,383-15,83353,706
Q390425,86424,3911,7808,4947,7055,1924,3687,9427,76793770,9145,24575,937-14,15262,245
Q489027,33125,8781,8408,6047,6255,3714,4548,0127,83798671,9675,42377,588-16,75062,633
2018                
Q196025,69924,0711,8598,6647,9655,4484,5498,5907,89199772,5965,24678,217-15,54261,636
Q21,09825,95424,2381,9538,7518,4745,4704,6238,8427,94599673,9865,36178,942-15,63561,931
Q31,07025,84624,0332,0408,8748,6175,5934,7179,1437,9731,00574,0565,62579,487-15,99764,061
                 
Percentage change on previous quarter
2012                
Q1-4.4-2.8-4.872.40.516.3-12.85.50.1-0.3-2.32.1-1.51.9 1.9
Q2-3.31.31.60.21.0-5.60.91.9-0.10.71.20.6-0.60.3 2.5
Q3-25.6-1.3-0.83.70.6-8.05.81.82.60.00.7-0.63.80.1 -0.9
Q4-22.6-5.5-7.36.02.814.37.92.02.60.7-3.50.4-3.8-0.3 -0.1
2013                
Q125.03.64.811.21.3-2.3-21.6-0.12.70.210.1-1.15.7-0.2 3.2
Q211.42.92.96.33.67.45.82.63.50.1-1.03.8-3.32.8 1.7
Q346.3-0.6-0.77.72.6-1.77.22.20.90.7-1.41.66.02.3 5.1
Q4-9.1-2.7-2.85.52.57.71.72.34.4-0.2-0.2-0.9-1.5-1.2 1.1
2014                
Q1-6.76.68.916.7-4.3-2.54.82.42.6-2.12.42.84.13.3 0.3
Q222.212.112.54.33.713.81.42.73.20.33.55.26.44.8 2.7
Q30.6-5.4-7.80.80.8-2.58.02.65.30.2-1.21.0-4.10.8 3.8
Q43.2-8.0-6.7-2.22.3-0.81.02.610.80.2-2.0-0.511.30.4 2.1
2015                
Q1-17.2143.5162.910.72.219.42.31.94.81.9-1.234.5-4.431.2 13.4
Q2-5.0-10.3-11.32.81.1-5.20.70.37.70.8-0.8-2.05.6-1.8 6.9
Q316.04.04.71.43.13.33.62.45.30.92.93.1-0.12.7 -6.0
Q412.51.31.14.11.1-3.75.91.6-0.61.24.21.90.52.2 6.3
2016                
Q1-2.8-6.2-6.0-4.62.03.85.83.38.40.4-3.1-1.24.4-0.6 5.8
Q2-5.40.1-0.817.80.0-1.23.13.0-2.31.9-0.7-0.73.8-1.1 -1.8
Q30.5-8.9-9.36.20.610.4-2.31.63.7-0.12.81.1-4.80.8 -1.2
Q415.432.534.3-0.9-0.62.9-0.71.7-1.50.82.110.51.210.3 14.4
2017                
Q117.8-14.7-16.0-1.71.00.2-2.41.16.80.73.1-7.54.3-6.4 -10.4
Q23.70.80.74.70.84.94.32.02.71.14.75.6-4.43.8 -1.3
Q35.312.513.05.61.716.42.62.01.62.3-5.36.35.06.4 15.9
Q4-1.65.76.13.41.3-1.03.52.00.90.95.21.53.42.2 0.6
2018                
Q17.9-6.0-7.01.00.74.51.42.17.20.71.10.9-3.20.8 -1.6
Q214.31.00.75.01.06.40.41.62.90.7-0.11.92.20.9 0.5
Q3-2.5-0.4-0.84.51.41.72.22.03.40.40.90.14.90.7 3.4
1See Background Notes for detailed Nace A10 sector descriptions
Table 7 Expenditure on Gross National Product at Constant Market Prices (Chain linked annually and referenced to year 2016)1 - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Constant Market PricesNet Factor Income from Rest of WorldGNP at Constant Market Prices
2012         
Q121,7816,4508,91623747,068-39,00847,050-9,41837,464
Q222,0486,29111,383-6147,557-39,25347,348-8,77238,461
Q322,2756,2898,85622647,551-39,10046,949-9,10837,788
Q422,2596,2228,27144149,028-39,07647,172-9,45938,159
2013         
Q121,8246,1808,77714647,221-38,98446,410-7,46438,724
Q221,9896,3348,41335649,913-39,30347,677-8,40338,986
Q322,1156,3989,483-7649,826-39,90048,716-7,58941,175
Q422,1696,4419,242-20549,774-39,76648,238-7,26441,788
2014         
Q122,2026,60210,21895952,656-42,46350,209-8,20741,799
Q222,4046,7699,90314256,417-43,98352,177-8,43843,001
Q322,5696,56911,3193758,323-46,85152,529-8,03444,743
Q422,7866,54410,9531,93757,919-47,59252,842-8,12845,922
2015         
Q123,0206,67412,939-4576,058-54,42264,815-16,14548,171
Q223,1986,68914,18754476,111-56,48864,272-11,13151,540
Q323,4546,67015,13368679,994-60,62465,216-17,08948,874
Q423,5426,80321,06895481,727-69,43565,413-16,47750,581
2016         
Q124,1686,88020,1211,68081,742-69,09166,683-11,48754,501
Q224,1166,89624,76955281,221-71,35166,997-11,48053,419
Q324,1066,97523,99924581,556-70,37366,105-13,78053,180
Q424,3157,01828,0903,96383,338-74,76972,668-14,26060,735
2017         
Q124,4557,11715,719-94484,355-63,22469,245-14,01954,112
Q224,2637,15522,7571,75585,136-69,13771,517-15,58353,665
Q324,8337,24513,2942,13288,633-60,30274,772-14,19061,542
Q425,0147,33715,90753794,894-66,28576,557-17,15862,063
2018         
Q124,9607,38615,3472,45789,525-62,53976,148-15,45059,268
Q225,2897,53915,56021895,631-65,12477,768-15,58360,033
Q325,5427,67418,952-24697,074-69,74278,476-16,02963,140
          
Percentage change on previous quarter
2012         
Q1-1.9-1.08.0 -1.4-0.9-0.1 -0.4
Q21.2-2.527.7 1.00.60.6 2.7
Q31.0-0.0-22.2 -0.0-0.4-0.8 -1.8
Q4-0.1-1.1-6.6 3.1-0.10.5 1.0
2013         
Q1-2.0-0.76.1 -3.7-0.2-1.6 1.5
Q20.82.5-4.1 5.70.82.7 0.7
Q30.61.012.7 -0.21.52.2 5.6
Q40.20.7-2.5 -0.1-0.3-1.0 1.5
2014         
Q10.12.510.6 5.86.84.1 0.0
Q20.92.5-3.1 7.13.63.9 2.9
Q30.7-2.914.3 3.46.50.7 4.1
Q41.0-0.4-3.2 -0.71.60.6 2.6
2015         
Q11.02.018.1 31.314.422.7 4.9
Q20.80.29.6 0.13.8-0.8 7.0
Q31.1-0.36.7 5.17.31.5 -5.2
Q40.42.039.2 2.214.50.3 3.5
2016         
Q12.71.1-4.5 0.0-0.51.9 7.8
Q2-0.20.223.1 -0.63.30.5 -2.0
Q3-0.01.1-3.1 0.4-1.4-1.3 -0.4
Q40.90.617.0 2.26.29.9 14.2
2017         
Q10.61.4-44.0 1.2-15.4-4.7 -10.9
Q2-0.80.544.8 0.99.43.3 -0.8
Q32.41.3-41.6 4.1-12.84.6 14.7
Q40.71.319.7 7.19.92.4 0.8
2018         
Q1-0.20.7-3.5 -5.7-5.7-0.5 -4.5
Q21.32.11.4 6.84.12.1 1.3
Q31.01.821.8 1.57.10.9 5.2
1Chain linked series not additive
Table 8 Expenditure on Gross National Product at Current Market Prices - Seasonally Adjusted€million
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationValue of Physical Changes in StocksExports of Goods and ServicesImports of Goods and ServicesGDP at Current Market PricesNet Factor Income from Rest of WorldGNP at Current Market Prices
2012         
Q120,9586,5768,17637545,099-37,63043,683-9,11134,504
Q221,1476,41710,4282145,301-38,16843,825-8,38435,360
Q321,3716,4248,20941745,978-37,94843,876-8,81535,051
Q421,2996,3517,60327746,431-38,76043,744-8,98735,030
2013         
Q121,3226,2358,04413645,242-37,56243,641-7,21936,155
Q221,3166,3687,78153647,464-37,66144,858-8,01636,784
Q321,5546,4308,88315346,853-38,15245,895-7,13838,660
Q421,6256,4698,772-65246,427-39,17445,335-6,82839,070
2014         
Q121,7636,4899,5851,01849,299-41,35346,824-7,74039,196
Q222,1406,6419,27230353,597-42,68149,069-8,07340,245
Q322,2736,56710,67427755,132-45,82849,473-7,62441,779
Q422,5366,54210,6421,54655,885-49,37549,691-7,89942,676
2015         
Q122,6856,72012,331-4377,123-54,14865,176-16,34348,411
Q222,9486,67513,65985578,367-58,08764,024-11,48651,743
Q323,3026,67814,7961,03681,246-60,97665,741-17,38548,617
Q423,3936,77821,55731283,329-71,70167,182-16,73851,698
2016         
Q124,3646,86819,7351,66981,716-66,63766,804-11,43554,680
Q224,1036,88724,38980680,571-71,37066,056-11,44853,670
Q324,1536,97124,06560281,853-69,83766,587-13,84053,031
Q424,2797,06128,7813,31683,806-78,04373,430-14,30260,690
2017         
Q124,6027,26215,760-96085,419-63,05068,761-14,16854,396
Q224,7117,32322,7292,19285,973-70,34871,383-15,83353,706
Q325,1487,43313,9502,66988,142-60,52875,937-14,15262,245
Q425,3787,56016,710-45992,600-69,32177,588-16,75062,633
2018         
Q125,5897,63316,0922,62790,136-61,32278,217-15,54261,636
Q226,0137,80616,46758095,289-66,50378,942-15,63561,931
Q326,2947,96720,456-1096,625-71,62379,487-15,99764,061
          
Percentage change on previous quarter
2012         
Q1-0.3-0.111.3 1.52.91.9 1.9
Q20.9-2.427.5 0.41.40.3 2.5
Q31.10.1-21.3 1.5-0.60.1 -0.9
Q4-0.3-1.1-7.4 1.02.1-0.3 -0.1
2013         
Q10.1-1.85.8 -2.6-3.1-0.2 3.2
Q2-0.02.1-3.3 4.90.32.8 1.7
Q31.11.014.2 -1.31.32.3 5.1
Q40.30.6-1.3 -0.92.7-1.2 1.1
2014         
Q10.60.39.3 6.25.63.3 0.3
Q21.72.3-3.3 8.73.24.8 2.7
Q30.6-1.115.1 2.97.40.8 3.8
Q41.2-0.4-0.3 1.47.70.4 2.1
2015         
Q10.72.715.9 38.09.731.2 13.4
Q21.2-0.710.8 1.67.3-1.8 6.9
Q31.50.08.3 3.75.02.7 -6.0
Q40.41.545.7 2.617.62.2 6.3
2016         
Q14.21.3-8.5 -1.9-7.1-0.6 5.8
Q2-1.10.323.6 -1.47.1-1.1 -1.8
Q30.21.2-1.3 1.6-2.10.8 -1.2
Q40.51.319.6 2.411.810.3 14.4
2017         
Q11.32.8-45.2 1.9-19.2-6.4 -10.4
Q20.40.844.2 0.611.63.8 -1.3
Q31.81.5-38.6 2.5-14.06.4 15.9
Q40.91.719.8 5.114.52.2 0.6
2018         
Q10.81.0-3.7 -2.7-11.50.8 -1.6
Q21.72.32.3 5.78.40.9 0.5
Q31.12.124.2 1.47.70.7 3.4
Annex 1A Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2012             
Q143,99125,40418,58736,82816,43620,392 45,68625,98919,51438,31216,33521,581
Q245,75825,60520,15439,08616,33022,756 48,49926,53721,82639,95115,57024,163
Q346,22325,26220,96236,47815,19021,288 47,52125,23122,20137,32614,85022,232
Q447,04025,59821,44240,00717,01822,989 49,72926,49123,14040,88216,32624,280
 183,013101,86981,144152,39964,97387,425 191,436104,24986,681156,47263,08092,257
2013             
Q143,95124,13719,81336,80216,41120,391 45,64624,80020,72738,18116,51421,292
Q247,76425,81121,95238,69016,17322,517 50,69027,26623,30440,12216,20323,626
Q347,20925,11622,09336,75915,30121,459 49,94226,56423,27437,99315,33222,384
Q447,32123,66823,65340,20516,34223,863 50,75725,25225,47641,80716,49325,042
 186,24498,73387,512152,45664,22688,229 197,036103,88392,782158,10264,54292,344
2014             
Q147,72226,18721,53540,60317,24823,354 50,77828,41322,25741,41116,69924,403
Q253,68328,90224,78243,84617,61626,230 56,91330,71326,08744,94017,33427,302
Q355,61029,27226,33844,47418,28726,187 58,61130,78427,71744,73717,27327,161
Q457,33430,10027,23450,24120,57929,662 59,45730,91128,43750,10119,13830,633
 214,350114,46099,889179,16473,730105,434 225,759120,822104,499181,18970,444109,498
2015             
Q174,44147,46526,97653,44520,67532,770 73,17446,09427,00052,92119,55933,086
Q278,17448,15030,02459,30421,25638,048 76,26645,39030,76957,58219,21238,249
Q381,92750,89031,03759,60321,13438,468 80,50949,21731,19058,36319,51738,720
Q486,02353,82232,20172,53423,86848,667 84,49151,62932,75572,42123,27149,076
 320,565200,327120,238244,88686,933157,953 314,439192,330121,714241,28681,560159,131
2016             
Q178,73048,49530,23566,00421,20544,798 78,49949,11729,22467,16822,10144,946
Q280,08647,64832,43972,53123,20749,324 80,88247,97832,88372,44222,85249,532
Q382,45946,89935,56168,43820,58447,854 82,11946,74035,46568,12320,40247,747
Q486,96050,11836,84178,90922,07656,833 86,73549,32537,50478,14821,71756,585
 328,235193,160135,076285,88287,072198,810 328,235193,160135,076285,88287,072198,810
2017             
Q182,19745,96336,23462,52120,93141,591 80,82845,56635,26360,90819,80241,106
Q285,27045,79339,47771,36722,24849,120 84,47945,47539,00470,21521,69148,524
Q388,68948,42740,26259,09419,51239,581 89,15149,50939,64258,11318,90439,208
Q496,39952,67143,72870,28622,52347,762 99,31356,28543,02969,91221,94247,969
 352,556192,853159,702263,26885,214178,054 353,771196,835156,937259,14782,339176,808
2018             
Q186,69048,48538,20560,86221,40739,455 85,59250,27135,32159,98321,14938,834
Q294,40252,28342,11867,39523,30644,088 94,74354,82239,92166,12522,60743,518
Q397,16751,40345,76470,17825,02545,154 97,57253,77143,80167,64523,14544,499
              
Percentage change on corresponding period of previous year
2012             
Q11.4-0.13.43.211.1-2.4 -4.2-4.3-3.8-1.211.7-10.2
Q22.32.02.66.35.17.3 -1.9-2.1-1.7-0.8-1.0-0.5
Q34.3-0.711.15.39.32.7 -0.5-5.66.4-1.05.1-5.2
Q44.94.15.95.112.80.1 3.13.62.4-0.77.9-6.5
2013             
Q1-0.1-5.06.6-0.1-0.1-0.0 -0.1-4.66.2-0.31.1-1.3
Q24.40.88.9-1.0-1.0-1.1 4.52.76.80.44.1-2.2
Q32.1-0.65.40.80.70.8 5.15.34.81.83.20.7
Q40.6-7.510.30.5-4.03.8 2.1-4.710.12.31.03.1
2014             
Q18.68.58.710.35.114.5 11.214.67.48.51.114.6
Q212.412.012.913.38.916.5 12.312.611.912.07.015.6
Q317.816.519.221.019.522.0 17.415.919.117.712.721.3
Q421.227.215.125.025.924.3 17.122.411.619.816.022.3
2015             
Q156.081.325.331.619.940.3 44.162.221.327.817.135.6
Q245.666.621.235.320.745.1 34.047.817.928.110.840.1
Q347.373.917.834.015.646.9 37.459.912.530.513.042.6
Q450.078.818.244.416.064.1 42.167.015.244.521.660.2
2016             
Q15.82.212.123.52.636.7 7.36.68.226.913.035.8
Q22.4-1.08.022.39.229.6 6.15.76.925.818.929.5
Q30.6-7.814.614.8-2.624.4 2.0-5.013.716.74.523.3
Q41.1-6.914.48.8-7.516.8 2.7-4.514.57.9-6.715.3
2017             
Q14.4-5.219.8-5.3-1.3-7.2 3.0-7.220.7-9.3-10.4-8.5
Q26.5-3.921.7-1.6-4.1-0.4 4.4-5.218.6-3.1-5.1-2.0
Q37.63.313.2-13.7-5.2-17.3 8.65.911.8-14.7-7.3-17.9
Q410.95.118.7-10.92.0-16.0 14.514.114.7-10.51.0-15.2
2018             
Q15.55.55.4-2.72.3-5.1 5.910.30.2-1.56.8-5.5
Q210.714.26.7-5.64.8-10.2 12.120.62.4-5.84.2-10.3 
Q39.66.113.718.828.314.1 9.48.610.516.422.413.5 
1Chain linked series not additive 
Annex 1B Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices1
 TRADE AT CURRENT PRICES TRADE AT CONSTANT PRICES
 Exports  Imports   Exports  Imports €million
PeriodTotalGoodsServicesTotalGoodsServices TotalGoodsServicesTotalGoodsServices
2012             
Q145,09925,54019,60037,63016,12221,370 47,06826,10520,86039,00816,06722,790
Q245,30125,35319,83838,16816,07522,482 47,55726,03121,36039,25315,39123,695
Q345,97825,25720,82337,94816,04321,666 47,55125,28322,14439,10015,66523,106
Q446,43125,63020,78238,76016,66721,531 49,02826,75422,09339,07615,91722,743
 182,809101,78081,043152,50664,90787,048 191,204104,17286,457156,43663,04192,333
2013             
Q145,24224,84920,95937,56216,12621,571 47,22124,92722,40438,98416,24622,393
Q247,46425,13321,68737,66115,99922,218 49,91326,89822,84039,30316,09023,108
Q346,85325,13621,80638,15216,12222,275 49,82626,65923,08539,90016,14623,388
Q446,42723,46422,95239,17415,90522,231 49,77425,24824,23639,76616,01223,454
 185,98798,58287,404152,54864,15388,295 196,734103,73392,566157,95364,49492,344
2014             
Q149,29926,44522,81041,35317,05524,819 52,65628,57524,20842,46316,46825,511
Q253,59728,96824,56142,68117,43925,885 56,41730,59225,66343,98317,26126,785
Q355,13229,33425,87145,82819,24927,261 58,32330,90927,27746,85118,19228,606
Q455,88529,50826,44749,37519,90627,426 57,91930,53727,13647,59218,44528,406
 213,913114,25599,688179,23773,648105,391 225,316120,613104,285180,88970,366109,308
2015             
Q177,12348,06728,57654,14820,61534,969 76,05846,48029,32554,42219,42534,539
Q278,36748,58629,88858,08721,01237,668 76,11145,58830,39856,48819,12937,799
Q381,24651,09430,32860,97622,21240,092 79,99449,48730,59060,62420,53441,133
Q483,32952,21831,30371,70122,97244,631 81,72750,40331,22569,43522,31944,634
 320,066199,965120,095244,91386,810157,360 313,890191,957121,539240,96981,407158,105
2016             
Q181,71650,28332,02166,63721,33447,727 81,74249,64731,72469,09122,09947,329
Q280,57147,37832,39071,37022,86749,035 81,22148,58832,70171,35122,72949,319
Q381,85347,11534,67769,83721,61349,909 81,55646,99834,60170,37321,43250,762
Q483,80648,24935,75778,04321,18450,824 83,33847,72435,71174,76920,75950,716
 327,946193,025134,845285,88886,997197,494 327,858192,957134,737285,58487,019198,126
2017             
Q185,41946,70138,40063,05021,19245,531 84,35546,20138,30363,22419,93143,786
Q285,97346,74439,55270,34821,86849,046 85,13646,18838,95969,13721,52848,509
Q388,14248,69539,15760,52820,46240,524 88,63349,94638,63360,30219,81241,537
Q492,60050,45142,40069,32121,59042,493 94,89454,03040,72166,28520,97242,714
 352,135192,591159,511263,24685,112177,593 353,018196,364156,617258,94782,243176,546
2018             
Q190,13650,40040,53061,32221,76243,334 89,52551,14838,55062,53921,36341,692
Q295,28952,33942,25166,50322,85644,109 95,63155,72640,01165,12422,40343,664
Q396,62551,71344,48471,62326,23946,214 97,07454,33342,57169,74224,22146,722
              
Percentage change on previous quarter
2012             
Q11.53.2-0.32.98.70.9 -1.40.6-3.8-0.98.7-5.9
Q20.4-0.71.21.4-0.35.2 1.0-0.32.40.6-4.24.0
Q31.5-0.45.0-0.6-0.2-3.6 -0.0-2.93.7-0.41.8-2.5
Q41.01.5-0.22.13.9-0.6 3.15.8-0.2-0.11.6-1.6
2013             
Q1-2.6-3.00.9-3.1-3.20.2 -3.7-6.81.4-0.22.1-1.5
Q24.91.13.50.3-0.83.0 5.77.91.90.8-1.03.2
Q3-1.30.00.51.30.80.3 -0.2-0.91.11.50.41.2
Q4-0.9-6.75.32.7-1.3-0.2 -0.1-5.35.0-0.3-0.80.3
2014             
Q16.212.7-0.65.67.211.6 5.813.2-0.16.82.88.8
Q28.79.57.73.22.34.3 7.17.16.03.64.85.0
Q32.91.35.37.410.45.3 3.41.06.36.55.46.8
Q41.40.62.27.73.40.6 -0.7-1.2-0.51.61.4-0.7
2015             
Q138.062.98.09.73.627.5 31.352.28.114.45.321.6
Q21.61.14.67.31.97.7 0.1-1.93.73.8-1.59.4
Q33.75.21.55.05.76.4 5.18.60.67.37.38.8
Q42.62.23.217.63.411.3 2.21.92.114.58.78.5
2016             
Q1-1.9-3.72.3-7.1-7.16.9 0.0-1.51.6-0.5-1.06.0
Q2-1.4-5.81.27.17.22.7 -0.6-2.13.13.32.94.2
Q31.6-0.67.1-2.1-5.51.8 0.4-3.35.8-1.4-5.72.9
Q42.42.43.111.8-2.01.8 2.21.53.26.2-3.1-0.1
2017             
Q11.9-3.27.4-19.20.0-10.4 1.2-3.27.3-15.4-4.0-13.7
Q20.60.13.011.63.27.7 0.9-0.01.79.48.010.8
Q32.54.2-1.0-14.0-6.4-17.4 4.18.1-0.8-12.8-8.0-14.4
Q45.13.68.314.55.54.9 7.18.25.49.95.92.8
2018             
Q1-2.7-0.1-4.4-11.50.82.0 -5.7-5.3-5.3-5.71.9-2.4
Q25.73.84.28.45.01.8 6.89.03.84.14.94.7
Q31.4-1.25.37.714.84.8 1.5-2.56.47.18.17.0
1Chain linked series not additive
Annex 2A Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
201284,82525,74034,455145,0201,049146,069 88,59525,20137,485152,062774152,736
201385,85525,46233,595144,912219145,130 88,07425,30436,083150,297206150,172
201488,74526,19940,416155,3603,161158,521 89,92526,45242,694159,7513,042162,718
201592,35826,82663,341182,5252,274184,800 93,17226,82964,382184,5412,175186,540
201696,90827,78097,645222,3346,437228,771 96,90827,78097,645222,3346,437228,771
201799,89729,58569,035198,5183,532202,050 98,50528,86967,400194,7743,516198,290
              
2012             
Q120,4696,5648,44535,47845735,936 21,5206,4269,19837,35334237,741
Q220,6236,38810,63537,646-5437,593 21,4956,25511,55339,383-6739,169
Q321,1486,4667,50335,11678135,897 21,9786,3308,15636,71956937,439
Q422,5856,3237,87136,779-13536,643 23,6026,1908,57938,606-7138,388
 84,82525,74034,455145,0201,049146,069 88,59525,20137,485152,062774152,736
2013             
Q120,7916,2338,13635,15932435,484 21,3726,1948,82536,59533536,969
Q220,7416,3877,82234,95038035,330 21,2826,3478,41336,27332036,625
Q321,3756,4608,49136,32648136,807 21,8506,4209,14937,62934138,008
Q422,9496,3829,14538,476-96637,510 23,5706,3439,69639,801-78938,571
 85,85525,46233,595144,912219145,130 88,07425,30436,083150,297206150,172
2014             
Q121,2126,5299,57637,3171,17138,488 21,6186,66910,10538,5741,11939,713
Q221,5046,6879,27837,47012837,598 21,7536,8059,84838,60514438,673
Q322,1116,57410,24438,92956639,494 22,3256,56510,96440,01152640,495
Q423,9186,40911,31841,6451,29642,941 24,2286,41311,77742,5611,25343,837
 88,74526,19940,416155,3603,161158,521 89,92526,45242,694159,7513,042162,718
2015             
Q122,1386,82312,03140,99216141,153 22,4956,78612,43841,84514041,922
Q222,2356,72013,67442,62959843,227 22,4306,72314,10943,34254343,845
Q323,1596,66014,21444,0341,20845,242 23,2336,64814,69544,6501,18945,840
Q424,8266,62323,42154,87030755,177 25,0146,67223,14054,70330454,933
 92,35826,82663,341182,5252,274184,800 93,17226,82964,382184,5412,175186,540
2016             
Q123,7997,01819,17249,9901,78751,776 23,9687,01219,26350,2711,80352,093
Q223,3086,91424,40854,63049255,122 23,2356,90824,59854,73856255,244
Q324,0386,94223,12754,10772254,829 23,9076,95823,32954,19976654,921
Q425,7636,90530,93863,6073,43667,043 25,7986,90130,45563,1263,30666,513
 96,90827,78097,645222,3346,437228,771 96,90827,78097,645222,3346,437228,771
2017             
Q124,0387,43215,19146,661-81345,849 23,8887,24114,95746,086-78945,298
Q223,8587,33722,62453,8201,78155,600 23,4627,15122,47053,0831,72454,808
Q325,0677,40013,09345,5602,71348,273 24,6387,24112,60644,4852,62547,110
Q426,9337,41618,12752,477-14952,328 26,5177,23617,36751,120-4551,075
 99,89729,58569,035198,5183,532202,050 98,50528,86967,400194,7743,516198,290
2018             
Q124,9737,79415,39748,1642,69350,857 24,5047,48914,52946,5222,57849,099
Q225,1207,82016,25049,19014449,334 24,3447,53015,22747,10218447,286
Q326,2237,93419,31953,4762153,498 25,3647,68318,07751,12523751,362
              
Percentage change on corresponding period of previous year
20120.7-2.419.54.0 4.2 -0.8-3.815.82.1 2.2
20131.2-1.1-2.5-0.1 -0.6 -0.60.4-3.7-1.2 -1.7
20143.42.920.37.2 9.2 2.14.518.36.3 8.4
20154.12.456.717.5 16.6 3.61.450.815.5 14.6
20164.93.654.221.8 23.8 4.03.551.720.5 22.6
20173.16.5-29.3-10.7 -11.7 1.63.9-31.0-12.4 -13.3
              
2012             
Q1-1.20.023.74.0 4.3 -3.0-1.419.21.8 2.1
Q2-0.4-2.528.25.9 5.6 -2.2-3.924.23.6 3.2
Q33.1-2.618.64.9 3.9 1.2-4.015.02.9 1.9
Q41.4-4.46.71.4 3.0 0.5-5.83.90.1 1.5
2013             
Q11.6-5.0-3.7-0.9 -1.3 -0.7-3.6-4.1-2.0 -2.0
Q20.6-0.0-26.4-7.2 -6.0 -1.01.5-27.2-7.9 -6.5
Q31.1-0.113.23.4 2.5 -0.61.412.22.5 1.5
Q41.60.916.24.6 2.4 -0.12.513.03.1 0.5
2014             
Q12.04.817.76.1 8.5 1.27.714.55.4 7.4
Q23.74.718.67.2 6.4 2.27.217.16.4 5.6
Q33.41.820.67.2 7.3 2.22.319.86.3 6.5
Q44.20.423.88.2 14.5 2.81.121.56.9 13.7
2015             
Q14.44.525.69.8 6.9 4.11.723.18.5 5.6
Q23.40.547.413.8 15.0 3.1-1.243.312.3 13.4
Q34.71.338.813.1 14.6 4.11.334.011.6 13.2
Q43.83.3106.931.8 28.5 3.24.096.528.5 25.3
2016             
Q17.52.959.321.9 25.8 6.53.354.920.1 24.3
Q24.82.978.528.2 27.5 3.62.774.326.3 26.0
Q33.84.262.722.9 21.2 2.94.758.821.4 19.8
Q43.84.332.115.9 21.5 3.13.431.615.4 21.1
2017             
Q11.05.9-20.8-6.7 -11.4 -0.33.3-22.4-8.3 -13.0
Q22.46.1-7.3-1.5 0.9 1.03.5-8.7-3.0 -0.8
Q34.36.6-43.4-15.8 -12.0 3.14.1-46.0-17.9 -14.2
Q44.57.4-41.4-17.5 -21.9 2.84.8-43.0-19.0 -23.2
2018             
Q13.94.91.43.2 10.9 2.63.4-2.90.9 8.4
Q25.36.6-28.2-8.6 -11.3 3.85.3-32.2-11.3 -13.7
Q34.67.247.617.4 10.8 2.96.143.414.9 9.0
1Chain linked series not additive
Annex 2B Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesGross Domestic Fixed Capital FormationFinal Domestic DemandValue of Physical Changes in StocksTotal Domestic Demand
2012             
Q120,9586,5768,17635,42937535,911 21,7816,4508,91637,26723738,084
Q221,1476,41710,42837,9992137,715 22,0486,29111,38339,815-6139,307
Q321,3716,4248,20936,32541737,095 22,2756,2898,85637,86322638,210
Q421,2996,3517,60335,20027735,298 22,2596,2228,27136,92444137,092
2013             
Q121,3226,2358,04435,61113635,946 21,8246,1808,77737,11714637,272
Q221,3166,3687,78135,34753635,634 21,9896,3348,41336,75835636,965
Q321,5546,4308,88337,05215337,534 22,1156,3989,48338,321-7638,857
Q421,6256,4698,77236,789-65235,854 22,1696,4419,24237,942-20536,976
2014             
Q121,7636,4899,58537,8981,01838,993 22,2026,60210,21839,31495940,077
Q222,1406,6419,27237,88430338,092 22,4046,7699,90339,14214239,229
Q322,2736,56710,67439,73427740,515 22,5696,56911,31940,7463741,539
Q422,5366,54210,64239,6131,54640,603 22,7866,54410,95340,2961,93741,647
2015             
Q122,6856,72012,33141,876-4341,745 23,0206,67412,93942,963-4542,362
Q222,9486,67513,65943,06785543,991 23,1986,68914,18743,94454444,713
Q323,3026,67814,79644,9681,03646,646 23,4546,67015,13345,47968647,097
Q423,3936,77821,55751,91431251,700 23,5426,80321,06851,44695451,833
2016             
Q124,3646,86819,73550,5881,66951,749 24,1686,88020,12151,2061,68052,700
Q224,1036,88724,38955,28080656,343 24,1166,89624,76955,61255256,615
Q324,1536,97124,06555,18860256,668 24,1066,97523,99955,17724556,357
Q424,2797,06128,78160,5983,31663,456 24,3157,01828,09059,5443,96362,587
2017             
Q124,6027,26215,76047,531-96045,834 24,4557,11715,71947,383-94445,819
Q224,7117,32322,72954,6372,19257,023 24,2637,15522,75754,0891,75556,395
Q325,1487,43313,95046,8662,66950,671 24,8337,24513,29445,6392,13248,214
Q425,3787,56016,71049,882-45949,456 25,0147,33715,90748,03753748,061
2018             
Q125,5897,63316,09249,1302,62750,792 24,9607,38615,34747,9342,45749,622
Q226,0137,80616,46750,16558050,768 25,2897,53915,56048,18521848,831
Q326,2947,96720,45654,804-1056,026 25,5427,67418,95252,316-24652,382
              
Percentage change on previous quarter
2012             
Q1-0.3-0.111.31.1 2.9 -1.9-1.08.0-0.1 3.9
Q20.9-2.427.57.3 5.0 1.2-2.527.76.8 3.2
Q31.10.1-21.3-4.4 -1.6 1.0-0.0-22.2-4.9 -2.8
Q4-0.3-1.1-7.4-3.1 -4.8 -0.1-1.1-6.6-2.5 -2.9
2013             
Q10.1-1.85.81.2 1.8 -2.0-0.76.10.5 0.5
Q2-0.02.1-3.3-0.7 -0.9 0.82.5-4.1-1.0 -0.8
Q31.11.014.24.8 5.3 0.61.012.74.3 5.1
Q40.30.6-1.3-0.7 -4.5 0.20.7-2.5-1.0 -4.8
2014             
Q10.60.39.33.0 8.8 0.12.510.63.6 8.4
Q21.72.3-3.3-0.0 -2.3 0.92.5-3.1-0.4 -2.1
Q30.6-1.115.14.9 6.4 0.7-2.914.34.1 5.9
Q41.2-0.4-0.3-0.3 0.2 1.0-0.4-3.2-1.1 0.3
2015             
Q10.72.715.95.7 2.8 1.02.018.16.6 1.7
Q21.2-0.710.82.8 5.4 0.80.29.62.3 5.5
Q31.50.08.34.4 6.0 1.1-0.36.73.5 5.3
Q40.41.545.715.4 10.8 0.42.039.213.1 10.1
2016             
Q14.21.3-8.5-2.6 0.1 2.71.1-4.5-0.5 1.7
Q2-1.10.323.69.3 8.9 -0.20.223.18.6 7.4
Q30.21.2-1.3-0.2 0.6 -0.01.1-3.1-0.8 -0.5
Q40.51.319.69.8 12.0 0.90.617.07.9 11.1
2017             
Q11.32.8-45.2-21.6 -27.8 0.61.4-44.0-20.4 -26.8
Q20.40.844.215.0 24.4 -0.80.544.814.2 23.1
Q31.81.5-38.6-14.2 -11.1 2.41.3-41.6-15.6 -14.5
Q40.91.719.86.4 -2.4 0.71.319.75.3 -0.3
2018             
Q10.81.0-3.7-1.5 2.7 -0.20.7-3.5-0.2 3.2
Q21.72.32.32.1 -0.0 1.32.11.40.5 -1.6
Q31.12.124.29.2 10.4 1.01.821.88.6 7.3
1Chain linked series not additive
Annex 3A Components of Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20128901,4746,64534013,6548,86111,45134,455
20138811,6657,77649912,9136,1069,86133,595
20141,0811,9088,72482515,9877,67011,89240,416
20151,4641,8419,95990415,8086,37733,36663,341
20162,0252,18112,3791,12419,51910,35060,41897,645
20172,9992,40715,2101,17317,5169,47329,73169,035
         
2012        
Q12183531,290764,2002,7902,3078,445
Q22253631,349754,1843,0204,44010,635
Q32393881,853792,7531,6032,1917,503
Q42083702,1531112,5161,4472,5137,871
 8901,4746,64534013,6548,86111,45134,455
2013        
Q11903701,3691024,0012,4182,1058,136
Q22293961,6361093,1611,6482,2917,822
Q32174142,2511282,8361,1142,6468,491
Q42454862,5201602,9159262,8209,145
 8811,6657,77649912,9136,1069,86133,595
2014        
Q12294801,6871614,1241,8402,8959,576
Q22654961,9781673,4051,7662,9669,278
Q33014892,3782224,1511,9082,70310,244
Q42864432,6802744,3072,1563,32811,318
 1,0811,9088,72482515,9877,67011,89240,416
2015        
Q12954571,8902414,1721,4274,97712,031
Q23274442,1602034,1461,9346,39513,674
Q34564412,6552183,3981,0027,04614,214
Q43854993,2542434,0932,01314,94823,421
 1,4641,8419,95990415,8086,37733,36663,341
2016        
Q14584742,0282554,9082,32911,04919,172
Q25195622,6582574,8662,81215,54724,408
Q35485853,5853074,6062,28613,49523,127
Q45005614,1083055,1382,92320,32630,938
 2,0252,18112,3791,12419,51910,35060,41897,645
2017        
Q16245922,7502864,3962,0796,54315,191
Q26795973,1842575,1163,13912,79122,624
Q38636084,1772653,1941,2933,98713,093
Q48346105,0993654,8102,9636,41018,127
 2,9992,40715,2101,17317,5169,47329,73169,035
2018        
Q18887723,2293415,6272,8534,54115,397
Q21,0617023,9893974,9972,7825,10416,250
Q31,1926945,2183966,3714,1245,44819,319
         
Percentage change on corresponding period of previous year
2012-29.4-23.614.70.021.145.039.319.5
2013-1.113.017.046.6-5.4-31.1-13.9-2.5
201422.814.612.265.223.825.620.620.3
201535.4-3.514.29.6-1.1-16.9180.656.7
201638.418.524.324.323.562.381.154.2
201748.110.422.94.4-10.3-8.5-50.8-29.3
         
2012        
Q1-44.4-38.615.011.058.7157.414.223.7
Q2-34.0-29.24.3-30.84.910.0116.628.2
Q3-22.7-10.912.515.248.1102.69.318.6
Q4-4.6-9.024.216.1-9.5-2.917.36.7
2013        
Q1-13.04.66.133.8-4.7-13.4-8.8-3.7
Q21.89.121.346.5-24.4-45.4-48.4-26.4
Q3-9.36.821.562.03.0-30.520.713.2
Q417.831.217.144.515.8-36.012.216.2
2014        
Q120.629.823.358.13.1-23.937.517.7
Q215.925.320.953.27.77.229.518.6
Q338.918.15.773.446.471.32.220.6
Q416.8-8.76.371.447.8132.818.023.8
2015        
Q129.0-4.712.049.01.2-22.471.925.6
Q223.5-10.59.221.021.89.5115.647.4
Q351.7-9.911.6-1.7-18.1-47.5160.738.8
Q434.312.621.4-11.4-5.0-6.6349.2106.9
2016        
Q155.03.87.36.017.663.3122.059.3
Q258.526.523.026.917.445.4143.178.5
Q320.232.635.040.835.6128.191.562.7
Q430.112.326.325.525.545.236.032.1
2017        
Q136.224.835.612.2-10.4-10.8-40.8-20.8
Q230.86.419.8-0.25.111.6-17.7-7.3
Q357.44.016.5-13.6-30.7-43.4-70.5-43.4
Q466.78.824.119.9-6.41.4-68.5-41.4
2018        
Q142.430.317.419.428.037.2-30.61.4
Q256.317.625.354.6-2.3-11.4-60.1-28.2
Q338.214.224.949.399.5218.936.747.6
Annex 3B Components of Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2016)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipmentof which Other Transport EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
20121,0091,7808,02545314,1529,25411,91637,485
20139701,9549,12865513,3076,29310,20236,083
20141,1142,1399,77996316,1867,89812,56342,694
20151,4911,95610,58296515,7176,44633,77264,382
20162,0252,18112,3791,12419,51910,35060,41897,645
20172,8922,26614,3161,07717,3259,34129,52467,400
         
2012        
Q12534481,6241004,3912,9372,2639,198
Q22474581,6831004,3243,1514,60211,553
Q32704372,1491062,8421,6662,3828,156
Q42404372,5691472,5941,5002,6708,579
 1,0091,7808,02545314,1529,25411,91637,485
2013        
Q12124701,7031394,1212,4932,1288,825
Q22564641,9311493,2531,6972,3668,413
Q32354782,6231662,9221,1472,8009,149
Q42675432,8702023,0129552,9079,696
 9701,9549,12865513,3076,29310,20236,083
2014        
Q12485571,9612074,1851,8982,91710,105
Q22785482,2122043,4521,8193,1679,848
Q33085612,7052514,1971,9632,98010,964
Q42804722,9023014,3532,2183,50011,777
 1,1142,1399,77996316,1867,89812,56342,694
2015        
Q13185042,0882664,1671,4505,08312,438
Q23424772,3252194,1251,9586,61614,109
Q34614722,8382293,3811,0107,36914,695
Q43705023,3312514,0432,02814,70423,140
 1,4911,95610,58296515,7176,44633,77264,382
2016        
Q14574862,0932644,9212,33311,01119,263
Q25095622,6772634,8872,81415,67824,598
Q35575963,6323024,6162,28713,66423,329
Q45025363,9772935,0952,91620,06430,455
 2,0252,18112,3791,12419,51910,35060,41897,645
2017        
Q16355662,6442764,3452,0576,49014,957
Q26775673,0232425,0343,09712,92622,470
Q38145773,9502383,1541,2743,87412,606
Q47675564,6983204,7922,9136,23517,367
 2,8922,26614,3161,07717,3259,34129,52467,400
2018        
Q18006952,9132955,5642,7894,26314,529
Q29336283,5533344,9362,7114,84215,227
Q31,0266204,6303286,2684,0165,20618,077
         
Percentage change on corresponding period of previous year
2012-30.6-25.811.528.719.043.130.815.8
2013-3.99.813.744.5-6.0-32.0-14.4-3.7
201414.99.57.147.021.625.523.118.3
201533.8-8.68.20.2-2.9-18.4168.850.8
201635.811.517.016.424.260.678.951.7
201742.83.915.6-4.2-11.2-9.7-51.1-31.0
         
2012        
Q1-42.0-39.313.751.057.2155.4-0.119.2
Q2-37.2-26.35.9-8.02.78.4101.724.2
Q3-26.3-17.26.547.745.399.16.115.0
Q4-7.8-14.418.739.8-11.3-4.715.23.9
2013        
Q1-16.24.84.938.7-6.2-15.1-5.9-4.1
Q23.81.314.748.6-24.8-46.1-48.6-27.2
Q3-13.19.322.156.52.8-31.117.612.2
Q411.424.211.737.116.1-36.48.913.0
2014        
Q117.018.715.148.71.6-23.937.014.5
Q28.418.214.537.16.17.233.817.1
Q331.317.43.151.643.771.16.419.8
Q45.0-13.01.149.444.5132.420.421.5
2015        
Q128.2-9.56.528.4-0.4-23.674.323.1
Q223.2-13.05.17.519.57.6108.943.3
Q349.5-15.94.9-8.8-19.4-48.6147.334.0
Q432.06.314.8-16.5-7.1-8.6320.296.5
2016        
Q143.8-3.50.2-0.518.160.9116.654.9
Q248.817.815.220.318.543.7137.074.3
Q320.926.328.032.036.5126.585.458.8
Q435.56.719.416.726.043.836.531.6
2017        
Q139.016.426.34.4-11.7-11.8-41.1-22.4
Q232.80.812.9-8.03.010.0-17.6-8.7
Q346.1-3.38.8-21.1-31.7-44.3-71.7-46.0
Q452.83.818.19.0-6.0-0.1-68.9-43.0
2018        
Q125.922.710.27.028.035.6-34.3-2.9
Q237.910.717.537.9-1.9-12.5-62.5-32.2
Q326.17.517.237.498.7215.234.443.4
1Chain linked series not additive
Annex 3C Components of Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and EquipmentIntangible AssetsGross Domestic Fixed Capital Formation
2012         
Q12,2103,5482,4138,176 2,7183,6982,4188,916
Q22,1623,5784,64610,428 2,6973,7464,79311,383
Q32,4433,4852,2748,209 2,8273,5652,4408,856
Q42,4652,8442,2187,603 2,9652,9192,3528,271
2013         
Q12,3893,4222,2488,044 2,9143,5202,3268,777
Q22,5642,8302,3727,781 3,0512,9382,4298,413
Q32,7923,4242,7408,883 3,2473,5072,8609,483
Q42,9373,1722,4618,772 3,3573,2692,5449,242
2014         
Q13,0333,6043,1789,585 3,4763,6593,27410,218
Q23,1513,1743,0319,272 3,5323,2303,2019,903
Q33,1434,8102,81310,674 3,5194,8483,06211,319
Q43,1584,5222,86010,642 3,4064,5633,02010,953
2015         
Q13,4293,7445,59212,331 3,7573,7455,82912,939
Q23,4103,9806,47913,659 3,6673,9696,62914,187
Q33,4933,8207,43214,796 3,6753,7867,67615,133
Q43,7294,15812,55021,557 3,8244,10412,42121,068
2016         
Q13,7854,54412,69419,735 3,8984,56712,85720,121
Q24,3604,71315,70124,389 4,3794,74615,68624,769
Q34,6455,12614,36524,065 4,6505,10614,37023,999
Q44,7495,11416,82328,781 4,6385,06816,71228,090
2017         
Q15,0104,1317,58015,760 4,8844,0967,62315,719
Q25,1685,00412,92322,729 4,9284,94112,95822,757
Q35,5973,5114,28713,950 5,2073,4424,11613,294
Q45,9484,7665,24716,710 5,5054,7435,13615,907
2018         
Q16,2255,3155,26916,092 5,6205,2755,00615,347
Q26,7324,8985,17216,467 5,9534,8604,87215,560
Q37,1006,9905,89820,456 6,1656,8215,57718,952
          
Percentage change on previous quarter
2012         
Q10.29.227.411.3 -1.58.518.68.0
Q2-2.20.892.527.5 -0.81.398.227.7
Q313.0-2.6-51.1-21.3 4.8-4.8-49.1-22.2
Q40.9-18.4-2.5-7.4 4.9-18.1-3.6-6.6
2013         
Q1-3.120.41.45.8 -1.720.6-1.16.1
Q27.3-17.35.5-3.3 4.7-16.54.4-4.1
Q38.921.015.514.2 6.419.417.712.7
Q45.2-7.3-10.2-1.3 3.4-6.8-11.1-2.5
2014         
Q13.313.629.19.3 3.511.928.710.6
Q23.9-11.9-4.6-3.3 1.6-11.7-2.2-3.1
Q3-0.351.5-7.215.1 -0.450.1-4.414.3
Q40.5-6.01.7-0.3 -3.2-5.9-1.4-3.2
2015         
Q18.6-17.295.515.9 10.3-17.993.018.1
Q2-0.56.315.810.8 -2.46.013.79.6
Q32.4-4.014.78.3 0.2-4.615.86.7
Q46.88.868.945.7 4.18.461.839.2
2016         
Q11.59.31.1-8.5 1.911.33.5-4.5
Q215.23.723.723.6 12.33.922.023.1
Q36.58.8-8.5-1.3 6.27.6-8.4-3.1
Q42.2-0.217.119.6 -0.3-0.716.317.0
2017         
Q15.5-19.2-54.9-45.2 5.3-19.2-54.4-44.0
Q23.121.170.544.2 0.920.670.044.8
Q38.3-29.8-66.8-38.6 5.6-30.3-68.2-41.6
Q46.335.722.419.8 5.737.824.819.7
2018         
Q14.711.50.4-3.7 2.111.2-2.5-3.5
Q28.1-7.8-1.82.3 5.9-7.9-2.71.4
Q35.542.714.024.2 3.640.414.521.8
1Chain linked series not additive
2The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present
Annex 4A Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Non-Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
201284,82525,74019,944130,5091,049131,558 88,59525,20122,278136,560774137,182
201385,85525,46223,888135,205219135,423 88,07425,30426,296139,911206139,720
201488,74526,19927,292142,2363,161145,397 89,92526,45229,083145,5943,042148,492
201592,35826,82631,827151,0112,274153,286 93,17226,82932,599152,6332,175154,594
201696,90827,78036,433161,1226,437167,558 96,90827,78036,433161,1226,437167,558
201799,89729,58540,503169,9853,532173,517 98,50528,86938,965166,3403,516169,856
              
2012             
Q120,4696,5645,26132,29445732,751 21,5206,4265,91633,96734234,340
Q220,6236,3884,50331,514-5431,461 21,4956,2555,08332,982-6732,765
Q321,1486,4665,00732,62178133,401 21,9786,3305,51733,95256934,653
Q422,5856,3235,17334,080-13533,945 23,6026,1905,76235,659-7135,425
 84,82525,74019,944130,5091,049131,558 88,59525,20122,278136,560774137,182
2013             
Q120,7916,2335,33432,35832432,682 21,3726,1945,97933,63233533,990
Q220,7416,3875,27332,40038032,781 21,2826,3475,82233,55932033,895
Q321,3756,4606,33834,17348134,654 21,8506,4206,96935,27934135,640
Q422,9496,3826,94236,273-96635,307 23,5706,3437,52537,441-78936,196
 85,85525,46223,888135,205219135,423 88,07425,30426,296139,911206139,720
2014             
Q121,2126,5296,23433,9751,17135,146 21,6186,6696,71335,0621,11936,183
Q221,5046,6876,24934,44112834,570 21,7536,8056,68935,31714435,369
Q322,1116,5747,05235,73656636,302 22,3256,5657,58536,48752636,955
Q423,9186,4097,75738,0841,29639,380 24,2286,4138,09638,7281,25339,985
 88,74526,19927,292142,2363,161145,397 89,92526,45229,083145,5943,042148,492
2015             
Q122,1386,8237,84136,80216136,963 22,4956,7868,14637,42814037,492
Q222,2356,7207,57036,52559837,123 22,4306,7237,83537,00154337,492
Q323,1596,6608,30138,1201,20839,329 23,2336,6488,56538,4361,18939,611
Q424,8266,6238,11539,56430739,871 25,0146,6728,05239,76730440,000
 92,35826,82631,827151,0112,274153,286 93,17226,82932,599152,6332,175154,594
2016             
Q123,7997,0188,12538,9431,78740,729 23,9687,0128,19839,1911,80341,007
Q223,3086,9148,46138,68349239,175 23,2356,9088,53738,68656239,194
Q324,0386,9429,73340,71372241,435 23,9076,9589,82540,68076641,400
Q425,7636,90510,11542,7833,43646,219 25,7986,9019,87342,5653,30645,958
 96,90827,78036,433161,1226,437167,558 96,90827,78036,433161,1226,437167,558
2017             
Q124,0387,4328,97240,443-81339,630 23,8887,2418,74339,873-78939,084
Q223,8587,3379,19140,3861,78142,167 23,4627,1518,91439,5271,72441,251
Q325,0677,40010,45042,9172,71345,630 24,6387,24110,06841,9472,62544,572
Q426,9337,41611,88946,239-14946,090 26,5177,23611,24044,993-4544,948
 99,89729,58540,503169,9853,532173,517 98,50528,86938,965166,3403,516169,856
2018             
Q124,9737,79410,59543,3622,69346,055 24,5047,4899,97141,9642,57844,542
Q225,1207,82010,77243,71314443,856 24,3447,53010,00641,88018442,064
Q326,2237,93411,56545,7222145,743 25,3647,68310,63243,68023743,917
              
Percentage change on corresponding period of previous year
20120.7-2.417.22.3 2.5 -0.8-3.814.30.6 0.8
20131.2-1.119.83.6 2.9 -0.60.418.02.5 1.8
20143.42.914.35.2 7.4 2.14.510.64.1 6.3
20154.12.416.66.2 5.4 3.61.412.14.8 4.1
20164.93.614.56.7 9.3 4.03.511.85.6 8.4
20173.16.511.25.5 3.6 1.63.96.93.2 1.4
              
2012             
Q1-1.20.010.90.8 1.1 -3.0-1.48.5-1.0 -0.6
Q2-0.4-2.50.9-0.6 -1.0 -2.2-3.9-0.5-2.3 -2.7
Q33.1-2.628.05.0 3.9 1.2-4.024.23.0 2.0
Q41.4-4.432.63.9 5.7 0.5-5.828.32.6 4.3
2013             
Q11.6-5.01.40.2 -0.2 -0.7-3.61.1-1.0 -1.0
Q20.6-0.017.12.8 4.2 -1.01.514.61.7 3.4
Q31.1-0.126.64.8 3.7 -0.61.426.33.9 2.8
Q41.60.934.26.4 4.0 -0.12.530.65.0 2.2
2014             
Q12.04.816.95.0 7.5 1.27.712.34.3 6.5
Q23.74.718.56.3 5.5 2.27.214.95.2 4.3
Q33.41.811.34.6 4.8 2.22.38.83.4 3.7
Q44.20.411.75.0 11.5 2.81.17.63.4 10.5
2015             
Q14.44.525.88.3 5.2 4.11.721.36.7 3.6
Q23.40.521.16.1 7.4 3.1-1.217.14.8 6.0
Q34.71.317.76.7 8.3 4.11.312.95.3 7.2
Q43.83.34.63.9 1.2 3.24.0-0.52.7 0.0
2016             
Q17.52.93.65.8 10.2 6.53.30.64.7 9.4
Q24.82.911.85.9 5.5 3.62.79.04.6 4.5
Q33.84.217.26.8 5.4 2.94.714.75.8 4.5
Q43.84.324.68.1 15.9 3.13.422.67.0 14.9
2017             
Q11.05.910.43.9 -2.7 -0.33.36.71.7 -4.7
Q22.46.18.64.4 7.6 1.03.54.42.2 5.2
Q34.36.67.45.4 10.1 3.14.12.53.1 7.7
Q44.57.417.58.1 -0.3 2.84.813.85.7 -2.2
2018             
Q13.94.918.17.2 16.2 2.63.414.05.2 14.0
Q25.36.617.28.2 4.0 3.85.312.36.0 2.0
Q34.67.210.76.5 0.2 2.96.15.64.1 -1.5
1Chain linked series not additive
Annex 4B Modified Total Domestic Demand at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodPersonal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand Personal Consumption of Goods and ServicesNet Exp. by Central and Local Government on Current Goods and ServicesModified Gross Domestic Fixed Capital FormationModified Final Domestic DemandValue of Physical Changes in StocksModified Total Domestic Demand
2012             
Q120,9586,5765,18932,70637532,576 21,7816,4505,80034,22323734,595
Q221,1476,4174,63032,1942132,164 22,0486,2915,21433,804-6133,511
Q321,3716,4245,03932,87641733,692 22,2756,2895,52434,22722634,468
Q421,2996,3515,02232,67927733,114 22,2596,2225,66634,21144134,607
2013             
Q121,3226,2355,30232,79313632,891 21,8246,1805,90933,96214634,163
Q221,3166,3685,50733,22353633,650 21,9896,3346,06734,50335634,808
Q321,5546,4306,28834,31015334,305 22,1156,3986,88435,453-7635,322
Q421,6256,4696,68934,765-65234,512 22,1696,4417,32735,853-20535,409
2014             
Q121,7636,4896,25534,4501,01835,291 22,2026,6026,70735,48495936,341
Q222,1406,6416,60035,44530335,597 22,4046,7697,05336,41614236,402
Q322,2736,5676,90935,76827735,860 22,5696,5697,40236,5583736,519
Q422,5366,5427,42136,4571,54638,526 22,7866,5447,80337,0091,93739,201
2015             
Q122,6856,7207,97037,370-4337,066 23,0206,6748,26637,986-4537,599
Q222,9486,6758,01537,66485538,310 23,1986,6898,28938,21454438,652
Q323,3026,6788,07638,0921,03638,820 23,4546,6708,29338,43868639,092
Q423,3936,7787,73137,82531238,968 23,5426,8037,71137,93195439,217
2016             
Q124,3646,8688,34439,5891,66940,223 24,1686,8808,42439,8621,68041,144
Q224,1036,8878,92339,93080640,498 24,1166,8968,99839,99655240,427
Q324,1536,9719,46240,66360240,841 24,1066,9759,50540,64724540,801
Q424,2797,0619,61440,8593,31645,876 24,3157,0189,42240,5323,96345,127
2017             
Q124,6027,2629,27141,139-96039,129 24,4557,1179,04840,611-94439,155
Q224,7117,3239,64441,7172,19243,669 24,2637,1559,34740,9011,75542,616
Q325,1487,43310,17842,8532,66945,616 24,8337,2459,76441,8962,13243,889
Q425,3787,56011,28944,131-45945,722 25,0147,33710,70442,78853744,124
2018             
Q125,5897,63310,97544,1212,62745,510 24,9607,38610,34742,7792,45744,646
Q226,0137,80611,26245,17458045,464 25,2897,53910,45243,36321843,467
Q326,2947,96711,29845,653-1045,665 25,5427,67410,35243,622-24643,212
              
Percentage change on previous quarter
2012             
Q1-0.3-0.135.44.0 2.8 -1.9-1.029.82.4 4.5
Q20.9-2.4-10.8-1.6 -1.3 1.2-2.5-10.1-1.2 -3.1
Q31.10.18.82.1 4.7 1.0-0.06.01.3 2.9
Q4-0.3-1.1-0.3-0.6 -1.7 -0.1-1.12.6-0.0 0.4
2013             
Q10.1-1.85.60.3 -0.7 -2.0-0.74.3-0.7 -1.3
Q2-0.02.13.91.3 2.3 0.82.52.71.6 1.9
Q31.11.014.23.3 1.9 0.61.013.52.8 1.5
Q40.30.66.41.3 0.6 0.20.76.41.1 0.2
2014             
Q10.60.3-6.5-0.9 2.3 0.12.5-8.5-1.0 2.6
Q21.72.35.52.9 0.9 0.92.55.22.6 0.2
Q30.6-1.14.70.9 0.7 0.7-2.94.90.4 0.3
Q41.2-0.47.41.9 7.4 1.0-0.45.41.2 7.3
2015             
Q10.72.77.42.5 -3.8 1.02.05.92.6 -4.1
Q21.2-0.70.60.8 3.4 0.80.20.30.6 2.8
Q31.50.00.81.1 1.3 1.1-0.30.10.6 1.1
Q40.41.5-4.3-0.7 0.4 0.42.0-7.0-1.3 0.3
2016             
Q14.21.37.94.7 3.2 2.71.19.25.1 4.9
Q2-1.10.36.90.9 0.7 -0.20.26.80.3 -1.7
Q30.21.26.01.8 0.8 -0.01.15.61.6 0.9
Q40.51.31.60.5 12.3 0.90.6-0.9-0.3 10.6
2017             
Q11.32.8-3.60.7 -14.7 0.61.4-4.00.2 -13.2
Q20.40.84.01.4 11.6 -0.80.53.30.7 8.8
Q31.81.55.52.7 4.5 2.41.34.52.4 3.0
Q40.91.710.93.0 0.2 0.71.39.62.1 0.5
2018             
Q10.81.0-2.8-0.0 -0.5 -0.20.7-3.3-0.0 1.2
Q21.72.32.62.4 -0.1 1.32.11.01.4 -2.6
Q31.12.10.31.1 0.4 1.01.8-1.00.6 -0.6
1Chain linked series not additive
Annex 4C Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding net R&D importsModified Gross Domestic Fixed Capital FormationAircraft related to LeasingNet R&D imports
20128901,4746,6453406,3844,21019,9447,2707,241
20138811,6657,7764998,1064,96123,8884,8074,900
20141,0811,9088,7248259,2915,46427,2926,6966,428
20151,4641,8419,95990410,6407,02031,8275,16826,346
20162,0252,18112,3791,12412,3826,34336,4337,13754,075
20172,9992,40715,2101,17310,9097,80540,5036,60721,926
          
2012         
Q12183531,290762,2851,0385,2611,9151,269
Q22253631,349751,4511,0404,5032,7333,399
Q32393881,853791,4181,0315,0071,3361,160
Q42083702,1531111,2301,1015,1731,2861,412
 8901,4746,6453406,3844,21019,9447,2707,241
2013         
Q11903701,3691022,1641,1405,3341,837964
Q22293961,6361091,6971,2065,2731,4641,085
Q32174142,2511282,0541,2746,3387821,371
Q42454862,5201602,1911,3406,9427241,479
 8811,6657,7764998,1064,96123,8884,8074,900
2014         
Q12294801,6871612,3231,3546,2341,8011,541
Q22654961,9781671,9961,3476,2491,4091,619
Q33014892,3782222,3151,3467,0521,8351,357
Q42864432,6802742,6561,4187,7571,6511,910
 1,0811,9088,7248259,2915,46427,2926,6966,428
2015         
Q12954571,8902413,0981,8607,8411,0743,116
Q23274442,1602032,6881,7497,5701,4584,646
Q34564412,6552182,9161,6158,3014825,431
Q43854993,2542431,9391,7968,1152,15413,152
 1,4641,8419,95990410,6407,02031,8275,16826,346
2016         
Q14584742,0282553,4131,4978,1251,4959,552
Q25195622,6582572,9151,5518,4611,95113,996
Q35485853,5853073,0841,6239,7331,52211,872
Q45005614,1083052,9691,67210,1152,16918,654
 2,0252,18112,3791,12412,3826,34336,4337,13754,075
2017         
Q16245922,7502862,8661,8558,9721,5304,688
Q26795973,1842572,7141,7609,1912,40211,031
Q38636084,1772652,8071,73110,4503872,256
Q48346105,0993652,5222,45911,8892,2883,950
 2,9992,40715,2101,17310,9097,80540,5036,60721,926
2018         
Q18887723,2293413,6901,67610,5951,9372,865
Q21,0617023,9893972,9231,70010,7722,0733,404
Q31,1926945,2183962,3321,73311,5654,0393,715
          
Percentage change on corresponding period of previous year
2012-29.4-23.614.70.035.641.017.210.738.4
2013-1.113.017.046.627.017.819.8-33.9-32.3
201422.814.612.265.214.610.114.339.331.2
201535.4-3.514.29.614.528.516.6-22.8309.9
201638.418.524.324.316.4-9.614.538.1105.2
201748.110.422.94.4-11.923.011.2-7.4-59.5
          
2012         
Q1-44.4-38.615.011.031.821.810.9110.08.6
Q2-34.0-29.24.3-30.85.824.40.94.4180.2
Q3-22.7-10.912.515.2130.023.428.07.5-0.8
Q4-4.6-9.024.216.124.7138.432.6-28.3-16.0
2013         
Q1-13.04.66.133.8-5.39.81.4-4.1-24.0
Q21.89.121.346.516.915.917.1-46.4-68.1
Q3-9.36.821.562.044.923.626.6-41.518.2
Q417.831.217.144.578.121.834.2-43.74.7
2014         
Q120.629.823.358.17.418.716.9-2.059.8
Q215.925.320.953.217.611.718.5-3.849.2
Q338.918.15.773.412.75.611.3134.8-1.0
Q416.8-8.76.371.421.25.811.7128.129.1
2015         
Q129.0-4.712.049.033.337.425.8-40.4102.2
Q223.5-10.59.221.034.729.921.13.5186.9
Q351.7-9.911.6-1.725.920.017.7-73.7300.2
Q434.312.621.4-11.4-27.026.74.630.5588.5
2016         
Q155.03.87.36.010.2-19.53.639.2206.5
Q258.526.523.026.98.5-11.311.833.8201.2
Q320.232.635.040.85.80.517.2215.8118.6
Q430.112.326.325.553.1-6.924.60.741.8
2017         
Q136.224.835.612.2-16.023.910.42.3-50.9
Q230.86.419.8-0.2-6.913.58.623.1-21.2
Q357.44.016.5-13.6-9.06.67.4-74.6-81.0
Q466.78.824.119.9-15.047.117.55.5-78.8
2018         
Q142.430.317.419.428.8-9.718.126.6-38.9
Q256.317.625.354.67.7-3.417.2-13.7-69.1
Q338.214.224.949.3-16.90.110.7943.764.7
Annex 4D Components of Modified Gross Domestic Fixed Capital Formation at Constant Prices (Chain linked annually and referenced to year 2016)1 - Non-Seasonally Adjusted€million
PeriodDwellingsImprovementsOther Building and ConstructionTransfer CostsMachinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding net R&D importsModified Gross Domestic Fixed Capital FormationAircraft related to LeasingNet R&D imports
20121,0091,7808,0254536,6274,46022,2787,5347,445
20139701,9549,1286558,4055,21226,2964,9145,019
20141,1142,1399,7799639,3695,76229,0836,8206,796
20151,4911,95610,58296510,4987,09132,5995,20726,672
20162,0252,18112,3791,12412,3826,34336,4337,13754,075
20172,8922,26614,3161,07710,8217,59438,9656,50421,897
          
2012         
Q12534481,6241002,3971,0305,9162,0011,232
Q22474581,6831001,4901,1155,0832,8313,478
Q32704372,1491061,4671,1325,5171,3781,249
Q42404372,5691471,2731,1835,7621,3231,486
 1,0091,7808,0254536,6274,46022,2787,5347,445
2013         
Q12124701,7031392,2441,1665,9791,880970
Q22564641,9311491,7601,2675,8221,4961,108
Q32354782,6231662,1261,3686,9697991,438
Q42675432,8702022,2751,4117,5257401,504
 9701,9549,1286558,4055,21226,2964,9145,019
2014         
Q12485571,9612072,3461,3746,7131,8381,546
Q22785482,2122042,0181,4416,6891,4351,726
Q33085612,7052512,3301,4607,5851,8671,515
Q42804722,9023012,6761,4878,0961,6802,008
 1,1142,1399,7799639,3695,76229,0836,8206,796
2015         
Q13185042,0882663,0721,8458,1461,0883,223
Q23424772,3252192,6521,7977,8351,4714,818
Q34614722,8382292,8891,6648,5654845,702
Q43705023,3312511,8861,7858,0522,16312,929
 1,4911,95610,58296510,4987,09132,5995,20726,672
2016         
Q14574862,0932643,4171,4328,1981,4989,566
Q25095622,6772632,9371,5788,5371,95314,104
Q35575963,6323023,0901,6699,8251,52212,001
Q45025363,9772932,9371,6649,8732,16418,404
 2,0252,18112,3791,12412,3826,34336,4337,13754,075
2017         
Q16355662,6442762,8331,7888,7431,5124,689
Q26775673,0232422,6681,7368,9142,36611,181
Q38145773,9502382,7731,71610,0683812,167
Q47675564,6983202,5452,35411,2402,2463,860
 2,8922,26614,3161,07710,8217,59438,9656,50421,897
2018         
Q18006952,9132953,6741,5959,9711,8902,667
Q29336283,5533342,9201,63710,0062,0173,205
Q31,0266204,6303282,3421,68710,6323,9263,519
          
Percentage change on corresponding period of previous year
2012-30.6-25.811.528.732.534.214.39.429.0
2013-3.99.813.744.526.816.918.0-34.8-32.6
201414.99.57.147.011.510.610.638.835.4
201533.8-8.68.20.212.023.112.1-23.6292.5
201635.811.517.016.417.9-10.611.837.1102.7
201742.83.915.6-4.2-12.619.76.9-8.9-59.5
          
2012         
Q1-42.0-39.313.751.029.68.78.5108.8-6.3
Q2-37.2-26.35.9-8.02.118.3-0.53.0160.1
Q3-26.3-17.26.547.7125.521.724.25.8-4.8
Q4-7.8-14.418.739.822.2135.128.3-29.6-17.7
2013         
Q1-16.24.84.938.7-6.413.21.1-6.1-21.3
Q23.81.314.748.618.113.714.6-47.2-68.1
Q3-13.19.322.156.544.920.826.3-42.115.1
Q411.424.211.737.178.719.330.6-44.11.2
2014         
Q117.018.715.148.74.517.912.3-2.259.4
Q28.418.214.537.114.613.714.9-4.155.8
Q331.317.43.151.69.66.78.8133.85.4
Q45.0-13.01.149.417.65.47.6127.033.5
2015         
Q128.2-9.56.528.430.934.321.3-40.8108.5
Q223.2-13.05.17.531.424.717.12.5179.1
Q349.5-15.94.9-8.824.014.012.9-74.1276.3
Q432.06.314.8-16.5-29.520.0-0.528.8543.8
2016         
Q143.8-3.50.2-0.511.2-22.40.637.6196.8
Q248.817.815.220.310.8-12.29.032.7192.8
Q320.926.328.032.07.00.314.7214.4110.5
Q435.56.719.416.755.8-6.822.60.142.3
2017         
Q139.016.426.34.4-17.124.96.71.0-51.0
Q232.80.812.9-8.0-9.110.04.421.1-20.7
Q346.1-3.38.8-21.1-10.22.92.5-75.0-81.9
Q452.83.818.19.0-13.341.413.83.8-79.0
2018         
Q125.922.710.27.029.6-10.814.025.0-43.1
Q237.910.717.537.99.4-5.712.3-14.8-71.3
Q326.17.517.237.4-15.6-1.75.6931.762.4
1Chain linked series not additive
Annex 4E Components of Modified Gross Domestic Fixed Capital Formation at Current Market Prices & Constant Prices (Chain linked annually and referenced to year 2016)1 - Seasonally Adjusted€million
 CURRENT MARKET PRICES CONSTANT MARKET PRICES
PeriodAll Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding net R&D importsModified Gross Domestic Fixed Capital Formation All Building and Construction (including Dwellings, Improvements, other B&C and Transfer Costs)2Machinery and Equipment excluding Aircraft related to LeasingIntangible Assets excluding net R&D importsModified Gross Domestic Fixed Capital Formation
2012         
Q12,2101,7831,0415,189 2,7181,6451,0625,800
Q22,1621,4321,0444,630 2,6971,4801,1145,214
Q32,4431,6531,0775,039 2,8271,7791,1585,524
Q42,4651,4581,0565,022 2,9651,5021,1305,666
2013         
Q12,3891,6961,1315,302 2,9141,8341,1965,909
Q22,5641,7711,2165,507 3,0511,8321,2696,067
Q32,7922,2241,3286,288 3,2472,2811,3926,884
Q42,9372,3631,2956,689 3,3572,4421,3597,327
2014         
Q13,0331,9031,3296,255 3,4761,9861,3996,707
Q23,1512,1251,3666,600 3,5322,1391,4477,053
Q33,1432,4231,4036,909 3,5192,4361,4857,402
Q43,1582,8131,3697,421 3,4062,8121,4347,803
2015         
Q13,4292,7151,8197,970 3,7572,7561,8718,266
Q23,4102,8191,7828,015 3,6672,7751,8128,289
Q33,4933,0051,6878,076 3,6752,9801,6968,293
Q43,7292,0981,7277,731 3,8242,0151,7187,711
2016         
Q13,7853,0481,4598,344 3,8982,8311,4418,424
Q24,3603,0131,5898,923 4,3793,0351,6018,998
Q34,6453,1861,7069,462 4,6503,1911,7129,505
Q44,7493,1631,5889,614 4,6383,1861,5859,422
2017         
Q15,0102,4711,8149,271 4,8842,4261,8019,048
Q25,1682,7851,8139,644 4,9282,7451,7709,347
Q35,5972,9411,82010,178 5,2072,9961,7649,764
Q45,9482,7362,32211,289 5,5052,8082,23010,704
2018         
Q16,2253,2691,64010,975 5,6203,2491,60310,347
Q26,7322,9741,75711,262 5,9532,9861,67810,452
Q37,1002,4911,82411,298 6,1652,5771,73710,352
          
Percentage change on previous quarter
2012         
Q10.238.3136.835.4 -1.512.6122.929.8
Q2-2.2-19.70.4-10.8 -0.8-10.14.9-10.1
Q313.015.43.18.8 4.820.23.96.0
Q40.9-11.8-2.0-0.3 4.9-15.5-2.42.6
2013         
Q1-3.116.47.15.6 -1.722.15.84.3
Q27.34.47.63.9 4.7-0.16.12.7
Q38.925.69.214.2 6.424.59.713.5
Q45.26.3-2.56.4 3.47.0-2.46.4
2014         
Q13.3-19.52.7-6.5 3.5-18.73.0-8.5
Q23.911.62.75.5 1.67.73.55.2
Q3-0.314.02.84.7 -0.413.92.64.9
Q40.516.1-2.57.4 -3.215.4-3.45.4
2015         
Q18.6-3.532.97.4 10.3-2.030.45.9
Q2-0.53.8-2.00.6 -2.40.7-3.20.3
Q32.46.6-5.30.8 0.27.4-6.40.1
Q46.8-30.22.3-4.3 4.1-32.41.3-7.0
2016         
Q11.545.3-15.57.9 1.940.5-16.19.2
Q215.2-1.18.96.9 12.37.211.16.8
Q36.55.77.36.0 6.25.16.95.6
Q42.2-0.7-6.91.6 -0.3-0.1-7.4-0.9
2017         
Q15.5-21.914.2-3.6 5.3-23.913.7-4.0
Q23.112.7-0.04.0 0.913.1-1.73.3
Q38.35.60.45.5 5.69.1-0.44.5
Q46.3-7.027.610.9 5.7-6.326.49.6
2018         
Q14.719.5-29.4-2.8 2.115.7-28.1-3.3
Q28.1-9.07.12.6 5.9-8.14.71.0
Q35.5-16.23.80.3 3.6-13.73.5-1.0
1Chain linked series not additive
2The results are aggregated to this level as some of the components, individually, do not have identifiable seasonality present

Background Notes

Introduction 

This release gives the official quarterly national accounts estimates for Ireland. It provides the first set of results for quarter 3 of 2018.

National accounts are compiled in the EU according to the European System of National and Regional Accounts (ESA 2010) framework. In 2014, the new ESA 2010 framework replaced the previous ESA 95 version and all EU member states were required to adopt ESA 2010 by September 2014.  ESA 2010 is the European version of the current UN mandated international standards for national accounts statistics, the System of National Accounts (SNA) 2008.

The aggregates shown have been derived from a wide variety of sources. As some of the available sources are of lesser reliability than those used for the annual national accounts, the quarterly estimates given in this release have a higher margin of error than the annual figures.

Revisions

Minor revisions have been made to the previously published figures for 2018.

Nace Classification

In compliance with EU regulations the Nace Rev. 2 classification system is used in Tables 1, 2, 5 and 6. (The national classification system that was used up to and including the Q4 2011 QNA results that were published in March 2012 was replaced with the Nace Rev. 2 classification system in the Q1 2012 results published in July 2012).

The results for the economy are shown for 10 sectors (Nace A10) at Basic Prices. The contents of the sectors conform to the Nace Rev. 2 system.  The “Publishing” and “Software” industries are classified in the sector “Information and communication.”

Tables 1, 2, 5 and 6 show a full A10 breakdown that replaces the five sectors used up to QNA Q4 2016. The correspondence with the relevant sections of NACE Rev.2 is as follows:

Agriculture, forestry and fishing Section A
Industry (excluding Construction) Sections B,C,D,E
Of which: Manufacturing Section C
Construction Section F
Distribution, transport, hotels and restaurants Sections G,H,I
Information and communication Section J
Financial and insurance activities Section K
Real estate activities Section L
Professional, admin and support services Sections M,N
Public admin, education and health Sections O,P,Q
Arts, entertainment and other services Sections R,S,T

For further information on the Nace Rev. 2 classification of industrial activity, visit the CSO website:

http://www.cso.ie/en/surveysandmethodology/classifications/classificationofindustrialactivity.

Current Price

For the annual accounts, GDP at current prices is calculated using two independent approaches i.e. the income and expenditure methods. From the Q1 2018 reference quarter, GDP at current prices is calculated using two independent methods, namely current price output and current price expenditure. The output estimates in current prices are supplied in Table 2; the expenditure estimates in current prices are supplied in Table 4.

Volumes

At constant prices, two measures (output and expenditure) are similarly used. These measures are produced using annual chain linked indices. On the output side, for each quarter, the volume growth measures at a detailed level are weighted together using value added weights of the previous year. Similarly, on the expenditure side, the growth estimates are weighted by expenditure weights of the previous year.  The average of the two measures is the growth measure used. The change over a period of years is then calculated by linking together the annual changes. The estimates in this release are referenced to 2016 values. A consequence of this method is that the individual components of GDP at reference year values do not add to the total.

Definitions

Gross Domestic Product (GDP) represents the total value added (output) in the production of goods and services in the country.

Net factor income from the rest of the world (NFI) is the difference between investment income (interest, profits etc.) and labour income earned abroad by Irish resident persons and companies (inflows) and similar incomes earned in Ireland by non-residents (outflows). The data are taken from the Balance of Payments statistics that are based on the BPM6 framework. The components of interest flows involving banks in the Net factor income item in the national accounts are constructed on the basis of “pure” interest rates (that is exclusive of FISIM).  Under BPM5 based Balance of Payments data released previously, this FISIM adjustment was not carried out. However, under the BPM6 framework introduced in 2014, FISIM is now being treated as part of financial services, rather than income, bringing it into line with the treatment of FISIM in national accounts statistics. The deflator used to generate the constant price figures is based on the implied quarterly price index for the exports of goods and services. In some years exceptional income payments have had to be deflated individually.

Gross National Product (GNP) is the sum of GDP and NFI. Because NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP and GNP growth rate for the same quarter.

Methodology

Table 1 and 2: Output Measure

The estimation procedures are similar to those used for the annual accounts whenever possible.  However, in a number of cases the annual methodology cannot be followed due to the lack of relevant data quarterly.

Agriculture, Forestry and Fishing

The estimate for Agriculture is calculated by using the available sub-annual information for exports and slaughterings of animals, milk deliveries, stock changes (six-monthly), fertiliser and feeding stuffs usage etc. For some items, annual figures are distributed equally across the quarters. Monthly sea fish landings are used to estimate the quarterly output of fishing.

Industry 

The gross value added of manufacturing industry is calculated by applying monthly volume of production indices to the previous year's quarterly gross value added, including royalties. Royalties are separately deflated using the export price index and then deducted.

Construction

Changes in the volume of investment in construction projects are used to estimate the output of the building and construction sector.

Distribution, Transport, Hotels & Restaurants

For distribution the methods used are similar to those used for the annual calculation. They rely heavily on the retail sales indices and other CSO services inquiries. In the case of transport, most of the output measures used for the annual calculations are available on a quarterly basis.

Information and communication

For communications the main data sources are direct inquiries to the service suppliers, with additional data and trend estimation for some residual components.

Public Administration, Education and Health

The quarterly estimate of value added for public administration and defence, education and health sector has been calculated based on the employment trends in the various elements of the sector.

Financial and insurance activities, Real estate activities, Professional, admin and support services and Arts, entertainment and other services

The remaining services categories cover a variety of service activities, some of which are surveyed on a quarterly basis by the CSO. For some services, information on outputs is not directly available on a quarterly basis. In most of these cases, quarterly estimates are derived using trends in related indicators. In a small number of residual cases, annual estimates are distributed equally across the quarters.

Product Taxes and Product Subsidies

Taxes and subsidies are deflated at a detailed level using appropriate price indices.  Value added taxes and excise duties have been accrued and recorded in the period in which the underlying expenditure took place.

Net factor income from the rest of the world (NFI)

The value of net income flows with the rest of the world in the Quarterly National Accounts release is generally consistent with the published Balance of Payments statistics.

Tables 3 and 4: Expenditure Measures

The various components of the expenditure based measure of GDP are defined in the annual National Income and Expenditure publication. The methods used for the quarterly series are similar to those used for the annual where possible but in many cases alternative methods have been applied.

Personal Consumption Expenditure is estimated using CSO data, such as the Retail Sales Indices together with some direct inquiries. Administrative data sources are used for some goods such as fuel and power products and motor vehicles. Constant price estimates are obtained using components of the Consumer Price Index (CPI).

Net Expenditure by Central and Local Government at current market prices is estimated using Government records. From Q2 of 2009 it is calculated net of the public sector pension levy introduced in March 2009. The constant price estimates of remuneration are derived by extrapolating base year estimates using an index of employment or using appropriate deflators for wages and are unaffected by the pension levy which is treated as a reduction in wage rates. Expenditure on goods and services is deflated partly by consumer price indices and partly by wholesale price indices.

Gross Domestic Fixed Capital Formation at current market prices includes expenditure on building and construction work and machinery and equipment. The quarterly estimates of dwellings are based on data from the Department of Environment’s (DoE) Quarterly Housing Bulletin. Information on other building and construction is based on the CSO’s quarterly index of production in Building and Construction. Quarterly estimates of commercial vehicles used in the business sector are estimated using administrative data. Estimates of other machinery and equipment and R&D (included under ESA 2010 standards) are made by reference to import statistics and the CSO Quarterly Capital Assets in Industry Inquiry. Current estimates are deflated to prices of the previous year using appropriate price indices such as components of the Wholesale Price Index (WPI) and indices for construction activity.

Value of Physical Changes in Stocks at current prices covers stock changes in the agricultural, industrial and distribution sectors and in intervention stocks. This item measures the actual value change in stocks between the beginning and end of quarter adjusted for any changes in the prices of the underlying commodities. Data on industrial and distribution stocks are taken from published and unpublished components of the CSO Quarterly Stocks Inquiry. Agricultural stocks are estimated from the results of CSO’s agricultural enumerations and statistics on animal slaughterings, etc. Constant price estimates are calculated by deflating the current estimates using relevant price indices and price data on agricultural and intervention stocks. Some adjustments have been made to the stocks values to improve the coherence of the quarterly accounts. These are judgmental adjustments to allow for within-year timing differences between the output and expenditure measures. Over a calendar year, these adjustments are neutral.

Exports and Imports of Goods and Services at current prices are taken from the CSO Balance of Payments series. Current price estimates are converted to previous year prices using the available price indices, including export and import unit value indices.

Seasonal Adjustment

Seasonal adjustment is conducted using the direct seasonal adjustment approach. Under this approach, each individual time series is independently adjusted, i.e. aggregate series are adjusted without reference to the component series. This direct approach is applied to GDP and GNP and the seasonally adjusted GDP and GNP are not derived as the sum of the seasonally adjusted components (such as Personal Consumption, Exports etc.) but rather by seasonally adjusting the unadjusted values of GDP and GNP as shown in Tables 1 - 4. On this account, and also because of the statistical discrepancy in the original series, the sum of the seasonally adjusted components of GDP and GNP do not add to the respective seasonally adjusted GDP and GNP series. As part of the seasonal adjustment process, ARIMA models are identified for each series based on unadjusted data spanning Q1 1995 to Q1 2018. These models are then applied to the entire series (Q1 1995 to Q3 2018). Seasonal factors and the parameters of the ARIMA models are updated each quarter.

The adjustments are completed by applying the X-13-ARIMA model, developed by the U.S. Census Bureau to the unadjusted data.  This methodology estimates seasonal factors while also taking into consideration factors that impact on the quality of the seasonal adjustment such as:

• Calendar effects, e.g. the timing of Easter,

• Outliers, temporary changes and level shifts in the series. 

For additional information on the use of X-13-ARIMA see https://www.census.gov/srd/www/winx13/

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